Gap reported a 2 percent increase in comparable store sales for the second quarter as the retail chain’s revenue topped analyst estimates, though its stock was down in after-hours trading on Thursday (Aug. 23). Get the Full Story Complete the form to unlock this article...
A sigh of relief or a shrug of the shoulders? 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...
Just a few months after an initial public offering (IPO) that was notable in the payments processing space, and a first day of trading that saw the stock go up 92 percent, Adyen’s first results as a publicly traded company released on Tuesday (Aug. 21)...
TJX has pulled off its 16th consecutive quarter of growing customer traffic to its stores — this time powered by deep discounts that brought younger shoppers to its doorstep. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired guidance for the rest of the year depressed investor enthusiasm. Get the Full Story Complete the form to unlock this article and enjoy...
Nordstrom continued to make online gains in the second quarter of 2018, with eCommerce accounting for 34 percent of the retailer’s net sales, up from 29 percent during the same period last year. That growth came despite some digital disappointments during Nordstrom’s anniversary sale. Get...
Walmart made its investors very happy yesterday (Aug. 16) as Q2 2018 earnings came in well ahead of expectations across the board. More customers hit the stores and ordered from online. In both cases, consumers filled their baskets with more items, increasing basket size and revenues. Get the...
It was a good day for Walmart on Wall Street. 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...
There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...