The Home Depot’s focus on the professional market remains unwavering, even as U.S. consumers curb their home improvement splurges. That was the latest from the Atlanta-based retailer’s executives as they shared the company’s third-quarter 2024 earnings Tuesday (Nov. 12). “While macroeconomic uncertainty remains, our third...
Customer acquisition and its associated costs remain a double-edged sword for officials at DraftKings, according to co-founder and CEO Jason Robins. Third-quarter results released Thursday (Nov. 7) revealed a 39% increase in revenue to $1.1 billion, fueled by the return of the NFL season. Customer...
On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5). So-called “Trump trades,” assets tied to President-elect Donald...
Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience, digital tools that optimize how chefs, servers and owners manage everything from orders to payroll have become the secret ingredient...
Offering car dealers and shoppers value beyond the leads it has traditionally delivered is paying off for digital auto platform CarGurus. The company’s fastest-growing product is its Digital Deal tool, which enables consumers to start their financial application, book an appointment and start a trade-in...
Expedia Group is prioritizing digital engagement and personalized customer experiences as key drivers of growth. The company’s third-quarter financial results reflect a strategic focus on technology and customer loyalty initiatives, particularly through its mobile app and its loyalty program, One Key. The integration of generative...
Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and Cash App, Block also counts the buy now, pay later service Afterpay; decentralized finance and Web3 platform TBD; Tidal, a...
Priority Technology Holdings says its B2B business has helped it reach “record” results. The payments and banking FinTech reported quarterly earnings Thursday (Nov. 7) showing revenues of $227 million, up 20% from $189 million. Priority’s adjusted gross profit came to $86 million, up 18.9%. “We...
Grocery giant Ahold Delhaize saw quarterly sales dip amid product recalls and store closures. The company’s quarterly earnings, released Thursday (Nov. 7), showed net sales in the U.S. of $14.49 billion, a 0.1% decrease, 1% at the actual exchange rate. Impacting the company — whose brands include Giant...
