Earnings

Earnings
Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
June 05, 2024

A pullback in spending by lower-income consumers led to a decline in comparable sales during the first quarter for Five Below. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Lululemon’s Omnichannel Push Drives 35% International Sales Growth
June 05, 2024

The days of Lululemon’s U.S. growth may be over, but it seems that international shoppers are now springing for the North American athleisure look. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
Dollar Tree CEO: Stores See 2.1% Hike in Foot Traffic But Lower Average Purchase
June 05, 2024

Dollar Tree has seen an increase in foot traffic to its stores, but those consumers aren’t buying as much. 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
Stitch Fix: Shoppers Splurging on Fashion Demand More Personalized Expertise
June 04, 2024

Amid ongoing economic challenges, shoppers may be willing to spring for premium fashion service, but as Stitch Fix has seen, they need to know that they are going to be getting enough bang for their buck. Get the Full Story Complete the form to unlock...

Earnings
Gap: Consumers Demand Fashion That Responds to of-the-Moment Trends
May 31, 2024

Consumers expect fashion retailers to meet their preferences as they evolve, Gap noted on its latest earnings call, with the rise of eCommerce speeding up the trend cycle and demanding that brands become more agile. Get the Full Story Complete the form to unlock this...

Earnings
Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
May 30, 2024

As a pulse check on the paycheck-to-paycheck consumer, Dollar General’s most recent Q1 earnings showed that one of the economy’s most closely watched demographic groups is still undergoing changes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
May 30, 2024

As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events is driving engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
May 30, 2024

Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by its deployment of artificial intelligence (AI) tools. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
May 30, 2024

Kohl’s is looking to boost its sagging sales by promoting value to consumers who have been buffeted by high interest rates and inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...