Earnings

Earnings
Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
April 27, 2023

Amid consumers’ economic anxieties, Mondelēz is seeing chocolate sales rise significantly. 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...

Earnings
Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
April 27, 2023

British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European businesses to concentrate exclusively on the U.K. market, are “starting to bear fruit.” Get the Full Story Complete the form...

Earnings
Domino’s Sees 13% Pickup Growth as Delivery Dips Amid Inflation
April 27, 2023

Domino’s pickup sales rise and delivery falls as consumers seek affordable restaurant options amid inflation. 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,...

Earnings
Hershey Steps up in-Store Marketing as Consumers Expect Deals
April 27, 2023

Grocery shoppers’ deal-seeking behavior is requiring brands to step up their promotional efforts, according to Hershey. 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...

Earnings
eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
April 27, 2023

Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Meta Says Generative AI and the Metaverse Will Evolve Together
April 26, 2023

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 agree to receive marketing communications from PYMNTS and...

Earnings
LendingClub Grew Deposits by $826 Million After SVB Collapse
April 26, 2023

The collapse of Silicon Valley Bank (SVB) roiled the U.S. financial system last month. 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...

Earnings
Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
April 25, 2023

Generative AI is having transformational impacts on Microsoft, which is infusing its entire product suite from Dynamics 365 to Azure to Teams and beyond with integrations and enhancements driven by the powerful capabilities of new world-changing AI technology. Get the Full Story Complete the form...

Earnings
Visa CEO: Tokenized Credentials Grew 90% From Year Ago Levels 
April 25, 2023

Visa’s fiscal second quarter shows that new payment flows and B2B loom large, but plenty of room remains to capture the share of consumer payments as debit and credit spending remains robust. Get the Full Story Complete the form to unlock this article and enjoy...