There are earnings misses, and there are big earnings misses, and Macy’s spring quarter results Wednesday (Aug. 14) were far more a case of the latter than the former. Macy’s has spent much of the last five years struggling to adapt its 160-year-old department store...
The U.S. Postal Service (USPS) reported a decline in package shipping for the third quarter of fiscal 2019. 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...
In what seems to be shaping up to be a modern-day version of The Beatles vs. The Rolling Stones, Uber and Lyft have put out their numbers for the latest quarter, and depending on where you look, or what niche you examine, or what line...
Commercial payments firm Bottomline Technologies is doubling-down on data intelligence after posting an 11 percent year-on-year increase in subscription and transaction revenues for the fourth quarter of fiscal year 2019, the company announced Thursday (Aug. 8) after market close. Get the Full Story Complete the...
It was a rough ride in after-hours trading after Uber reported its Q2 results — Uber’s big losses made investors and analysts nervous about the prospects for the ridesharing firm’s future profitability. Get the Full Story Complete the form to unlock this article and enjoy...
Big tech, big bets and big profits. 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. By completing this form, you agree...
Fiverr, an online marketplace for freelance services, reported its Q2 results on Thursday (Aug. 8), posting a 41 percent year-over-year revenue increase in its first quarter as a public company, to $25.9 million. Get the Full Story Complete the form to unlock this article and...
For Lyft, riders were up, revenues per rider were up, and the push beyond ride hailing continues. 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...
The meal kit industry is undergoing significant change as new players emerge and older participants keep seeking the formula that works best for 2019 and beyond. That applies to Blue Apron, a seven-year veteran of the scene, which continues to shed customers but whose average...