Earnings

Earnings
Thredd Says BNPL Growth Driven by Convenience, Flexibility and Transparency
October 10, 2024

Payments processor Thredd said Thursday (Oct. 10) that it saw year-over-year transaction growth of 20% in the third quarter amid growing demand for buy now, pay later (BNPL), B2B payments and specialty travel programs. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Can Levi’s Win the D2C Game? Brand Bets Big on Direct Connection With Consumers
October 07, 2024

Levi Strauss & Co. is evaluating the possible sale of its Dockers brand amid its transformation to a direct-to-consumer (D2C)-first retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
With New CEO, Can Nike Just Do It Again? Not This Year
October 01, 2024

The consequences of its flawed direct-to-consumer (D2C) strategy continue to haunt Nike. As reported Tuesday (Oct. 1), the company’s revenue showed weakness across all channels as it tried to curry favor with its wholesale partners and recapture some of the magic that brought it double-digit...

Earnings
CarMax Focuses on Seamless Customer Experience to Grow Loyalty
September 26, 2024

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation’s largest used car dealer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
September 19, 2024

In some ways, FedEx is a bellwether of global trade and logistics. 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
Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
September 19, 2024

In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and fine dining establishments like The Capital Grille. Get the Full Story Complete the form to unlock this article and...

Earnings
Adobe’s Firefly AI Hits 12 Billion Generations, Previews Video Creator
September 13, 2024

Adobe’s Firefly Services are at the forefront of AI-driven innovation, now reaching a significant milestone of 12 billion generations. This achievement highlights Adobe’s strategic focus on enhancing its Creative Cloud and Document Cloud platforms, showcasing how its AI technologies are reshaping content creation and document...

Earnings
Mytheresa Leans into Digital Experiences and Global Events
September 12, 2024

For Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth quarter and fiscal year. 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
New Petco CEO Joel Anderson Prioritizes Retail Fundamentals
September 10, 2024

Pet health and wellness company Petco announced Joel Anderson as its new CEO Tuesday (Sept. 10) during its second-quarter earnings call. Anderson, who previously served as CEO at Five Below and Walmart, replaces interim CEO R. Michael (Mike) Mohan, who is transitioning to lead a...