Earnings

Earnings
Citi Says Mobile Customers Have Grown 24% in 2 Years
October 14, 2021

Citigroup said the bank’s digital strategy is causing more customers to interact with it over digital and mobile devices than ever before, a transformation it plans to continue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Earnings
UnitedHealth, Walgreens Play to Digital Strengths in Latest Earnings
October 14, 2021

UnitedHealth Group and Walgreens each reported fiscal growth and ongoing strategic expansions of their respective connected healthcare ecosystems during quarterly earnings calls on Thursday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Domino’s Leverages POS Upgrades to Weather Labor Challenges
October 14, 2021

As restaurants struggle to meet the demands required to keep staffed with qualified employees, major brands are looking for ways to use technology to reduce their labor needs. Domino’s Pizza, the Ann Arbor, Michigan-based quick-service restaurant (QSR) giant with more than 18,000 stores around the...

Earnings
Bank of America Says Zelle Users Have Grown 24% YoY
October 14, 2021

Bank of America’s third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in reserves released helped boost the bottom line. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
JPMorgan Earnings Show Debit and Credit Card Sales Volume Up 26%
October 13, 2021

In the kickoff to earnings season, banking giant JPMorgan Chase posted third-quarter results that bested the Street’s expectations, underpinned by growth in credit card and debit card spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
October 13, 2021

Third-quarter profits exceeded expectations at J.P. Morgan Chase, with a 24% surge in net income of $11.7 billion, an increase of $2.2 billion, the largest U.S. bank said in a statement on Wednesday (Oct. 13). Get the Full Story Complete the form to unlock this article...

Earnings
UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
September 28, 2021

Cazoo Holdings, a U.K.-based online seller of used cars, announced strong performance for its first-half 2021 financial results on Tuesday (Sept. 28), registering a 521% year-on-year increase in revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
September 23, 2021

Costco has reported eCommerce earnings for the fourth quarter increasing 11.2% year over year and 44.4% for its fiscal year, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Darden Leaves Off-Premise Demand Untapped in Favor of Dining Room Customers
September 23, 2021

Darden Restaurants, the parent company of Olive Garden and Longhorn Steakhouse, as well as a number of other full-service restaurant brands, remains resistant to many of the technologies and strategies helping restaurants succeed in the competitive digital ordering space, such as digital loyalty programs and...