Earnings

American Express: Card Spending by Millennials and Gen Z Soars 30%
Earnings
American Express: Card Spending by Millennials and Gen Z Soars 30%
January 27, 2023

Earnings results from American Express results Friday (Jan. 27th) show credit continues to be a preferred payment method among younger consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
Earnings
Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
January 27, 2023

As some CPG companies say private-label growth has stalled or reversed, Colgate sees its continuance. 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,...

D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
Earnings
D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
January 26, 2023

Alcoholic beverage drinkers increasingly expect quick, easy options but are not necessarily seeking order-in-advance convenience. 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,...

LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
Earnings
LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
January 26, 2023

The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. 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...

McCormick Sees Private-Label Trend Reversing as Inflation Slows
Earnings
McCormick Sees Private-Label Trend Reversing as Inflation Slows
January 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...

Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
Earnings
Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
January 25, 2023

LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. 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,...

J&J Earnings Show Even Pharmaceuticals See Consumer Trade-Down Amid Inflation
Earnings
J&J Earnings Show Even Pharmaceuticals See Consumer Trade-Down Amid Inflation
January 24, 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...

Synchrony Core Purchase Volumes Grow 11% as Charge-Offs Also Increase 
Earnings
Synchrony Core Purchase Volumes Grow 11% as Charge-Offs Also Increase 
January 23, 2023

For Synchrony Financial, consumer spending volumes remain robust, receivables increased — and loans past due are on the rise. 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...

Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
Earnings
Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
January 19, 2023

Super-regional bank Truist’s latest results show a digital transformation that rivals the largest national FIs. 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,...