Starbucks reported in its third quarter earnings results on Tuesday (July 28) that the ranks of its 90-day active Starbucks Rewards members dropped 5 percent year over year in the U.S. to 16.3 million because of “reduced customer frequency” mainly attributed to temporary store closures...
The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
McDonald’s said on Tuesday (July 28) that its revenue fell 30 percent for the second quarter of 2020 compared to the same period in 2019, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside pickup. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
American Express managed to put up a surprising profit in the second quarter, but saw revenue sharply drop as consumer spending collapsed as the COVID-19 pandemic slammed America, figures released Friday (July 24) showed. Get the Full Story Complete the form to unlock this article and enjoy...
Equifax reported blockbuster revenue growth for its Workforce Solutions segment with an expansion in U.S. Information Solutions (USIS) revenues in the second quarter. By contrast, the credit data company’s international revenues fell during that time, according to a statement. Get the Full Story Complete the...
Twitter’s second-quarter earnings showed on Thursday (July 23) that the social media giant’s user base continued to grow even as its ad revenues declined, as advertisers redeployed their marketing budgets in response to the lengthy global pandemic. Get the Full Story Complete the form to...
The digital shift saved Chipotle in Q2. The company announced earnings Thursday (July 22) that showed not only a huge spike in digital orders, but side benefits as well, with order-ahead capabilities and new customers setting the chain up for a Digital 3.0 future. Get...
Capital One reported on Tuesday (July 21) that its credit card business shrank during the second quarter, but that delinquencies fell despite the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
