Earnings

Earnings
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
September 23, 2021

Costco has reported eCommerce earnings for the fourth quarter increasing 11.2% year over year and 44.4% for its fiscal year, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Darden Leaves Off-Premise Demand Untapped in Favor of Dining Room Customers
September 23, 2021

Darden Restaurants, the parent company of Olive Garden and Longhorn Steakhouse, as well as a number of other full-service restaurant brands, remains resistant to many of the technologies and strategies helping restaurants succeed in the competitive digital ordering space, such as digital loyalty programs and...

Earnings
FedEx Takes $450M YoY Hit From Increased Labor, Transportation Costs
September 21, 2021

FedEx, in its first quarter earnings report, has shown operating results negatively impacted by higher operating expenses, which happened due to the pandemic’s air network impact and staffing challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Adobe’s Digital Subscription Revenue up 29% to $864M in Q3
September 21, 2021

Adobe saw digital subscription revenue up 29 percent, now totaling $864 million as of the third quarter, a company earnings report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings
Grab’s Q2 Focuses on Enhanced Super App Integrations
September 14, 2021

Singapore-headquartered super app Grab posted second-quarter earnings that showed a marked focus on building out its app integrations with enhanced products for financial services, expanded delivery networks and a strategic alliance with Emtek Group. Get the Full Story Complete the form to unlock this article...

Earnings
Affirm’s BNPL Plans Surge As Customer Count Doubles to 7.1 Million
September 09, 2021

The fast-growing buy now, pay later (BNPL) provider Affirm exceeded its own expectations Thursday (Sept. 9) as it delivered fiscal fourth-quarter results that showed continued uptake of its popular installment plan financing offers now being made at the point of sale, while its roster of...

Earnings
Video Conference Service Zoom Expects Slowdown as Companies Return to Offices
August 30, 2021

Zoom has posted its first billion-dollar quarter, but forecasts have usage of the video communication platform decreasing in the coming months, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Peloton Connected Fitness Subscriptions Grow 114 Percent
August 26, 2021

Peloton posted fourth quarter earnings results that saw connected fitness subscriptions grow 114 percent year over year to over 2.33 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Afterpay, Klarna Ride BNPL Momentum, Spend Big To Add In-Store, Online Customers
August 26, 2021

The acquisition by Square looms, and Afterpay’s most recent results show increased momentum in buy now, pay later (BNPL) adoption – reflected, too, in Klarna’s earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...