In the three months since Peloton last reported earnings, the world’s largest connected fitness platform bought a competitor, launched a new treadmill, addressed its shipping delays and announced plans to repair its damaged customer experience. Get the Full Story Complete the form to unlock this...
Brookfield Property Partners, which operates numerous malls around the U.S., lost $2.06 billion last year, according to its newest financial report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It would be a shame if some bigger news overshadowed Amazon’s fourth-quarter earnings. What could possibly be bigger than the company’s first $100 billion quarter with net sales checking in at $125.6 billion? How could a 44 percent bounce over 2019’s Q4 take a back...
Chipotle Mexican Grill saw a 177.2 percent year over year increase in digital sales to $781.4 million in the fourth quarter, the company reported on Tuesday (Feb. 2), continuing its rapid digital growth pattern, though falling short of Q3’s 202.5 percent increase. Digital sales accounted for almost half...
Alphabet Inc. reported Tuesday (Feb. 2) as part of its fourth quarter and fiscal year 2020 results that revenues jumped approximately 23 percent for the quarter ended Dec. 31, from the same quarter in 2019, as the Google parent’s advertising revenues soared. Get the Full...
To say that COVID-19 worked out well for the world’s largest online retailer and its founder would be an understatement of Amazonian proportions. While the pandemic’s lockdowns and travel restrictions certainly presented their share of logistical challenges, the sheer fact that more people than ever...
Delivery giant UPS on Tuesday (Feb. 2) announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21 percent increase over the fourth quarter of 2019. Operating profit was up 26 percent compared to last year’s fourth quarter. Get the Full Story Complete the form to...
As had been the case with card and payment network peers that had reported earnings earlier in the week, Visa’s fiscal first-quarter results showed headwinds in cross-border spend, hampered by the pandemic and travel restrictions. But debit remained strong, contactless transactions gained traction, and Visa...
Mastercard posted fourth-quarter results that show at least some recovery in consumer spending amid the pandemic – but much depends on border reopenings and continued vaccine rollouts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
