To get a sense of the consumer, where they’ve been and how they’ve been weathering the pandemic, the big banks and the payment networks (Visa and Mastercard among them) have pointed to continued debit spending, and at least some green shoots in credit. Get the...
Wyndham Hotels & Resorts posted mixed results for the first quarter of this year, with a decline in overall revenue, but an increase in its vacation ownership and travel and membership divisions. Select-service franchises — rooms-only operations — also had a strong start to the...
Hershey’s first-quarter results were, once again, sweet music to shareholders’ ears. Consumers’ chocolate cravings during COVID-19 times have meant increased sales for the candy company right through the pandemic, as Q1 results beat analysts’ estimates. Get the Full Story Complete the form to unlock this article...
Facebook managed to come out ahead of analyst predictions for both earnings and revenue performance when it reported its first-quarter results for 2021 on Wednesday (April 28), pushing its stock price upwards in after-hours trading even as it warned investors to brace for the uncertainty...
Apple posted strong results Wednesday (April 28) for its fiscal second quarter that showed continued demand for its hardware — boosted by pivots toward working from home and schooling from home amid the pandemic — and demand for its service and subscription offerings. Get the...
LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Grubhub grew to serve 33 million active diners in the first quarter of 2021, marking a 38 percent year-over-year rise from 23.9 million active diners in the first quarter of 2020, according to a Wednesday (April 28) announcement. Get the Full Story Complete the form...
MGM Resorts has reported its financial earnings results for the quarter ending March 31, with its Las Vegas Strip resorts seeing a 52 percent decline due to the pandemic, according to a press release. Get the Full Story Complete the form to unlock this article...
To weather the last year, amid mass closures of restaurant dine-in spaces and widespread contagion concerns, restaurants have had to lean heavily on digital tools and off-premises channels, with even the most dine-in-reliant restaurants turning to takeout and delivery. Now, as vaccines roll out and...
