Earnings

Earnings
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
September 10, 2024

As Burlington Stores CEO Michael O’Sullivan discussed the company’s strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to strategic changes and their positive impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024

As the NFL season gets underway, sports betting has reportedly become big business in the United States. 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...

Earnings
Rent the Runway Charts New Course With In-Person Events, Revamped Consumer Experience
September 05, 2024

Rent the Runway (RTR) is experiencing a pivotal moment as it redefines its growth trajectory through a blend of strategic innovations and operational improvements. Following its second-quarter earnings call Thursday (Sept. 5), the company, known for introducing Closet in the Cloud, is setting its sights...

Earnings
Five Below Refocuses on Core Customers Amid Strategic Overhaul
September 05, 2024

Five Below, the discount retailer that first opened its doors in 2002, is navigating a period of introspection and realignment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Earnings
Dollar Tree Navigates Retail Transformation With Multi-Price Strategy
September 04, 2024

Family Dollar parent company Dollar Tree, which operates more than 16,000 stores across the U.S. and Canada, is navigating a significant transformation under Chairman and CEO Rick Dreiling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Dick’s Sporting Goods Credits Omnichannel Consumer Experience for Q2 Sales Bump
September 04, 2024

Dick’s Sporting Goods is aiming to reshape the sporting retail landscape with new strategies highlighted by the rollout of its experiential House of Sport stores and Field House concepts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Peloton’s Rebranding Falls Short in Changing Consumer Perception, Says CEO
August 30, 2024

Despite Peloton’s rebranding effort launched in May 2023, executives acknowledged in the latest earnings call that the company’s expanded offerings and new identity have yet to fully resonate with consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Gap’s Brand Turnaround in Motion as Lululemon Hits New Highs in Global Sales
August 30, 2024

As the retail sector faces a complex mix of opportunities and challenges, Gap and Lululemon are charting distinct courses in their recent earnings reports. While Gap focuses on revitalizing its core brands during ongoing operational hurdles, Lululemon is capitalizing on international growth and stellar performance...

Earnings
Kohl’s, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals
August 29, 2024

The financial results for four major retailers — Kohl’s, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range of performances and strategic responses. From growth and resilience to challenges and adjustments, their fiscal performances provide insights into how...