Last week, DTC clothing subscription companies Stitch Fix (NASDAQ: SFIX) and Rent the Runway (NASDAQ: RENT) released earnings reports showing strong revenue growth in the most recent fiscal quarter. Before these earnings reports were released, transaction data from Bloomberg Second Measure projected the quarter’s revenue within 1 percent of each company’s reported revenue.
Throughout the COVID-19 pandemic, Shake Shack (NYSE: SHAK) has been revamping its omnichannel strategy. Consumer transaction data shows that Shake Shack’s online sales as a percentage of total U.S. sales has been on the rise over the past two years.
In 2020, several big-box chains—including Walmart, Target, and Best Buy—announced that they would close their retail locations on Thanksgiving Day due to the ongoing COVID-19 pandemic. Consumer transaction data reveals that among the three companies, Walmart saw the most significant decrease in year-over-year sales the week of Thanksgiving that year.
Glossier—the DTC beauty company that recently raised $80 million in Series E funding—has historically held one major sale each year, coinciding with Black Friday and Cyber Monday. Here's how sales during Glossier’s sales events compare to its sales the rest of the year.
Dutch Bros Coffee’s overall sales have more than doubled over the past two years, driven by significant growth in states where it already had a strong presence, as well as increasing sales in states, such as Texas, in which the company recently opened newer locations.
Wise, formerly known as TransferWise, has accounted for a growing share of the money exchanged by U.S. consumers using international money transfer services, overtaking more established competitors like Xoom and Western Union.
