Though there is plenty to be concerned about in Macy’s latest round of earnings, the report was not entirely absent good news. Earnings did manage to eek out a beat on analysts’ expectations — but top line performance fell short yet again as Macy’s continued...
Strong Q4 earnings are in the rearview mirror for the juggernaut of retail. And In one metric of note, Walmart’s online sales are growing even more quickly than Amazon’s. Get ready for the great eCommerce race to quicken its pace.
Restructuring seems to be paying off for Groupon, which reported strong Q4 earnings, with its shares up 20 percent. 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...
The best news out of LendingClub’s latest earnings report is, frankly, that the news could have been worse. The marketplace lender did manage to notch better-than-expected earnings results yesterday and beat the street. Get the Full Story Complete the form to unlock this article and...
No longer just a job for convoys alone, a number of firms are entering the freight fray, with logistics and card payments the big beneficiaries.
Western Union announced Thursday (Feb. 9) that it posted fourth quarter revenue of $1.4 billion, marking a 1 percent decline compared to last year’s fourth quarter but up 4 percent on a constant currency basis. Get the Full Story Complete the form to unlock this...
If Grubhub’s Q4 earnings call was any indication of the state of online food ordering’s future, the food service industry is set to see an upheaval. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Shares of Fidelity National Information Services (FIS) were down 3 percent in midday trading after the financial firm reported results that were largely in line with Wall Street expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Holiday spending proved somewhat soft in eCommerce giant Amazon’s latest quarter, with results on the top line lighter than expected, sending shares down 4 percent after-hours. Guidance was also below Street expectations. Get the Full Story Complete the form to unlock this article and enjoy...
