Earnings

Earnings
Pepsi: ‘Value-Conscious’ Consumers Cut Back on Snacks
July 11, 2024

PepsiCo’s snack food revenues dipped during its latest quarter as consumers continued to exercise caution. 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,...

Earnings
Tesla’s Grip on US Electric Car Market Slips in Q2
July 10, 2024

Tesla’s dominance of the American electric car market has faded, even as vehicle sales surge. 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,...

Earnings
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
June 27, 2024

Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
June 26, 2024

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring for premium products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
June 20, 2024

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to getting more budget-strapped shoppers to keep spending. Get the Full Story Complete the form to unlock this article and...

Earnings
Victoria’s Secret Uses Loyalty to Drive Spending Amid Sales Slump
June 07, 2024

Victoria’s Secret is taking a more intimate approach to shopper loyalty, aiming to keep budget-conscious shoppers spending with more personalized messaging as they tighten their purse strings on luxury lingerie. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
June 06, 2024

Still feeling strain on their budgets from ongoing macroeconomic challenges, consumers are cutting out pricy nonessential purchases, according to Big Lots. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...