Small and medium-sized businesses (SMBs) are adopting financial operations platforms to improve their visibility and control of cash flow as they deal with an uncertain economic environment, BILL CEO René Lacerte said Thursday (Aug. 22). Speaking during the company’s quarterly earnings call, Lacerte said BILL,...
Small and medium-sized businesses (SMBs) are increasingly adopting digital solutions to help them improve their cash flow, Intuit executives said Thursday (Aug. 22). The company, which owns TurboTax, Credit Karma, QuickBooks and Mailchimp, saw the revenue growth in its SMB unit outpace that of its...
Despite a solid financial footing and promising strategic innovations, Peloton’s fourth-quarter results reported Thursday (Aug. 22) expose a troubling reality: a dramatic plunge in subscription numbers. The company’s ambitious upgrades to its product and content have failed to counteract a steep decline in both Connected Fitness...
TJ Maxx/Marshalls’ parent TJX continues to benefit from value-chasing consumers. The discount retail company released earnings Wednesday (Aug. 21) showing sales up 6% for the half year and 4% for the quarter, while raising its guidance in anticipation of the fall and holiday shopping seasons....
The home improvement market could use some improvement itself. That’s the latest from Lowe’s Companies Inc. During its second-quarter 2024 earnings call Tuesday (Aug. 20), the company revised its annual forecasts downward, citing a challenging macroeconomic environment dampening consumer spending on home improvement projects. As...
The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and payment platform Freightos is any indication, digital transformation is increasingly what makes the freight market itself move. The company hit...
Artificial intelligence (AI) is making its mark on the business world, with several tech companies reporting growth in retail and healthcare sectors. These firms are leveraging AI to address persistent challenges, from eCommerce sizing woes to mounting medical bills, signaling a potential shift in how...
Adyen posted first-half results that showed continued momentum in omnichannel commerce, particularly among clients expanding globally into new regions, and where platforms and localized payment methods are seeing strength and popularity. North America was the fastest growing region with net revenue growth up 30% year...
Convenience. Membership. Delivery times. Delivery density. eCommerce. Marketplaces. You would be forgiven for thinking these were keywords from Amazon’s Q2 earnings announcement. But they weren’t. They were the themes that sounded most often on Walmart’s Q2 earnings call Thursday (Aug. 15) as it reported slow...
