Earnings

Earnings
Wealthy Travelers’ Vacation Spending Bumps Harrods Sales 
August 17, 2023

Although inflation has improved, worries about prices continue to trouble 82% of consumers. The remaining 18%, however, might be playing a role in the increase in luxury spending seen at Harrods.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
Adyen’s Revenue Cut By Hiring Spree and US Competition; Stock Plumments 40%
August 17, 2023

Adyen’s decision to boost its staff continues to cut into the Dutch payment company’s revenues. 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,...

Earnings
dLocal Sees Promise in Brazil as Payment Volumes Jump
August 16, 2023

For payments services provider dLocal, Brazil represents the past and the future. 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...

Earnings
Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
August 16, 2023

Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The result? A growing cohort of cautious consumers adopting a wait and see approach to the real estate market. The demand...

Earnings
Paysafe Platform Cross-Selling and eCommerce Boost Q2 Revenue by 6% YoY
August 15, 2023

Entertainment-focused payment platform Paysafe posted second-quarter earnings on Tuesday (Aug. 15), driven by its Merchant Solutions segment and growth from eCommerce led by the iGaming industry in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
GoTo Cuts Losses by 56% and Eyes Profitability
August 15, 2023

Indonesian tech giant GoTo Group slashed its losses by more than half. 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...

Earnings
Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
August 14, 2023

Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. 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...

Earnings
Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
August 11, 2023

Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
August 11, 2023

Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...