Earnings

Earnings
Olive Garden Parent Eschews Heavy Discounts Despite Consumer Demand
June 22, 2023

As consumers seek out discounts to help ease their anxieties about restaurant price inflation, Darden Restaurants is sticking with less discount-focused marketing efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Campbell Sees Inflation Sending Grocery Shoppers to the Center Aisles
June 07, 2023

As consumers look for ways to manage their grocery budgets amid continued inflation, Campbell Soup Company is seeing consumers shift away from fresh, perishable foods toward lower-cost, shelf-stable options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Trouble Brews for Starbucks Competitors With Shift to at-Home Coffee
June 07, 2023

As consumers are increasingly having their morning cup of joe at home, according to The J.M. Smucker Company, major coffeehouse chains — especially those without the devoted following of a category giant such as Starbucks — may have a rough go of it soon. Get the Full Story...

Earnings
Report: Companies Using Flexible Accounting Rules to Beat Analysts’ Estimates
June 01, 2023

Companies are reportedly using flexibility in accounting rules to beat analysts’ estimates at a time when business is slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Earnings
Best Buy Reports Consumer Caution as Comparable Sales Drop 10%
May 25, 2023

Best Buy sees a continuing trend of consumers feeling cautious due to the current economic environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Earnings
Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
May 25, 2023

Dollar Tree is apparently not immune to the shrinkage issue plaguing other retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Earnings
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
May 24, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Earnings
Lowe’s Digital and Omnichannel Upgrades Shine Amid 4.3% Decreased Sales
May 23, 2023

Lowe’s is seeing strength in the home improvement category due to efficiencies of digital and omnichannel selling that’s become a pillar for the retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
May 19, 2023

Foot Locker struggled in the first quarter amid wide-ranging changes to the athletic footwear and athleisure retailer’s physical footprint, brand mix, digital and omnichannel efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...