Beauty remains a winning category for Kohl’s, mainly due to its shop-in-shop experience with Sephora. While in its second quarter, Kohl’s saw a 4.8% decline in net sales and a 5% decrease in comparable sales, their store sales segment outperformed the company’s overall performance, remaining flat...
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...
Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. As of late afternoon, Nuvei was trading at $19.07 a share, down $10.85 from the previous day’s close. The payments firm released its financial results Wednesday...
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which was 35.71% less than the Zacks Consensus Estimate of a loss of $0.14. Although the...
August 01, 2023
Uber’s cross-platform activity continued to gain ground as members engaged more often with the company’s continuum of services. And members of the company’s premium paid programs, management said on the conference call Tuesday (Aug. 1), are driving a significant percentage of bookings — and could represent more than 50% of bookings in the years ahead. […]
August 16, 2022
The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). In that model, they’re eschewing third-party wholesalers or relying on...
August 05, 2021
It was a two-for-one kind of day from Western Union. It released its Q2 earnings Wednesday (Aug. 4) alongside the announcement of its plans to sell Western Union Business Solutions to Goldfinch...
July 15, 2020
Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs, Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July...
August 09, 2023
Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. As of late afternoon, Nuvei was trading at $19.07 a share, down $10.85 from the previous day’s close. The payments firm released its financial results Wednesday (Aug. 9) for the three and six months ended June […]
August 08, 2023
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which...
August 03, 2023
Yelp Inc. has delivered a record-breaking performance for its second quarter results released Thursday (Aug. 3). According to their earnings report, the online business reviews company saw their net revenue increase by...
August 03, 2023
The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition and a challenging business environment...
