Earnings

Earnings
Goldman to Report $2B Loss in Credit Card, Installment Businesses
January 08, 2023

Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. 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
FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
December 21, 2022

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Earnings
Costco Still Betting on Low-Priced Food Despite Softening Sales
December 09, 2022

Costco continues to lean on low-priced food options to attract shoppers even as performance lags. 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
Carvana Runs Out of Gas
December 07, 2022

Whatever happens, Carvana’s downward spiral shows there’s no easy path to forging the connected economy. 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
Allegro Slashes Value of Czech Acquisition Despite 25% YoY Growth
November 30, 2022

Allegro has written down the value of Mall Group and WE|DO by 56%. 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....

Earnings
Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
November 17, 2022

Achieving profitability is a recurring theme at pan-African eCommerce giant Jumia, so much so that the goal has been reiterated on numerous occasions by the company’s leadership in recent years. And during the company’s third-quarter earnings presentation on Thursday (Nov. 17), it was no different....

Earnings
Starbucks Claims $181M in Revenue From Unused Gift Cards and Loyalty Credits
November 16, 2022

Starbucks reportedly claimed $181 million in revenue from money on gift cards and loyalty accounts that customers didn’t spend in fiscal year 2021 — a figure that amounted to about 1% of its sales and 4.3% of its net income during the year.  Get the...

Earnings
Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
November 15, 2022

Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that its commercial customer base was showing no signs of slowing down. Get the Full Story Complete the form to unlock...

Earnings
Babylon Counts on Accessibility, Affordability Concerns to Create Broader HealthTech Appeal
November 10, 2022

Around the world, access to quality affordable healthcare is being threatened by rising costs and the current economic downturn. 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...