In May, Five Below revealed its intentions to grow by leveraging Simon’s retail portfolio, which includes its Premium Outlets. This approach has been recognized as the means by which the specialty discount retailer aims to propel its growth. Get the Full Story Complete the form...
Florida-based online pet retailer Chewy reported “solid” second quarter 2023 financial results on Wednesday (Aug. 30), driven by strong performance in non-discretionary consumables and healthcare categories and the popularity of its Autoship pet supplies delivery service. Get the Full Story Complete the form to unlock this...
Salesforce’s fiscal 2024 second-quarter results showcase its focus on artificial intelligence (AI) innovation and its transformation to profitable growth. 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...
Best Buy reported better-than-expected second quarter 2023 financial results on Tuesday (Aug. 29), attributing it to the company’s “strong operational execution” and the ability to balance industry sales pressure with strategic investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global financial technology platform Intuit, known for products like TurboTax, Credit Karma, QuickBooks and Mailchimp, has reported significant growth in revenue and earnings for the fourth quarter and full year results of 2023. Get the Full Story Complete the form to unlock this article and enjoy...
Affirm posted results Thursday evening (Aug. 24) that showed continued embrace of buy now, pay later (BNPL) — and repeat transactions per active customer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Pet health and wellness company Petco announced second-quarter 2023 earnings results on Thursday (Aug. 24), showcasing strong top line results and free cash flow despite navigating a shift in consumer spending and pressures on its discretionary business. Get the Full Story Complete the form to unlock this article and...
Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to high-end luxury purchases. However, if the nonessential product you offer aligns with consumer priorities, you’re in a favorable position. This...
Consumers are cautious these days about their spending. 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 form, you...
