Earnings

Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
Earnings
Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
January 31, 2023

Monzo is one step closer to achieving annual profitability by the end of this year. 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,...

McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
Earnings
McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
January 31, 2023

As consumers remain concerned about inflation, McDonald’s is seeing smaller orders and a trade-down to grocery. 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...

SoFi Personal Loan Originations Leap 50%, Direct Deposit Gains Ground 
Earnings
SoFi Personal Loan Originations Leap 50%, Direct Deposit Gains Ground 
January 30, 2023

Demand for personal loans, direct deposit accounts and “cross-buy” opportunities boosted SoFi Technologies’ results despite macro headwinds.    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...

American Express: Card Spending by Millennials and Gen Z Soars 30%
Earnings
American Express: Card Spending by Millennials and Gen Z Soars 30%
January 27, 2023

Earnings results from American Express results Friday (Jan. 27th) show credit continues to be a preferred payment method among younger consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
Earnings
Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
January 27, 2023

As some CPG companies say private-label growth has stalled or reversed, Colgate sees its continuance. 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,...

D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
Earnings
D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
January 26, 2023

Alcoholic beverage drinkers increasingly expect quick, easy options but are not necessarily seeking order-in-advance convenience. 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,...

LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
Earnings
LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
January 26, 2023

The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. 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...

McCormick Sees Private-Label Trend Reversing as Inflation Slows
Earnings
McCormick Sees Private-Label Trend Reversing as Inflation Slows
January 26, 2023

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 to receive marketing communications from PYMNTS and...

Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
Earnings
Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
January 25, 2023

LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. 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,...