JPMorgan kicked off earnings season Tuesday (Oct .14) with third-quarter results that pointed to robust spending patterns from clients, some headwinds to savings, and a measurable impact from the bankruptcy of subprime auto lender Tricolor Holdings. Get the Full Story Complete the form to unlock...
Citigroup CEO Jane Fraser’s multiyear effort to rebuild the once-sprawling bank into a leaner, technology-driven institution is beginning to deliver results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
FedEx faces a $1 billion headwind in its current fiscal year due to the global trade environment, the company said in a presentation released Thursday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Darden Restaurants is seeing sales grow in the face of spiking food costs. 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....
Kroger saw sales tick up in its second quarter as shoppers continued to cautiously spend. 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,...
Growth in Chewy’s Autoship subscription program and Chewy+ paid membership program helped drive an 8.6% year-over-year increase in net sales in the second quarter, exceeding the high end of the company’s guidance range. Get the Full Story Complete the form to unlock this article and...
Macy’s Inc. saw its strongest comparable sales growth in 12 quarters during the second quarter, with gains across its three department store nameplates, Macy’s, Bloomingdale’s and Bluemercury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Dollar Tree said wealthier shoppers are increasingly driving sales as consumers hunt bargains. 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....
Artificial intelligence-related products led Alibaba Group’s gains during a quarter in which the global technology company earned double-digit year-over-year revenue growth across its businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
