Earnings

Earnings
Amazon Sees Decelerating Sales As Post-Lockdown Life Resumes
July 29, 2021

This probably isn’t how Andy Jassy wanted his first earnings report as Amazon CEO to go. 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...

Earnings
Taco Bell Loyalty Program Increased Active Customers’ Spending By 35 Pct
July 29, 2021

Yum! Brands’ digital investments are paying off. The company, parent of major quick-service restaurant (QSR) brands KFC, Pizza Hut and Taco Bell, as well as fast-casual chain The Habit Burger Grill, announced Thursday (July 29) that company-wide digital sales for the second quarter of 2021...

Earnings
Mastercard X-Border Volumes Surge 58 Pct On ‘Pent Up’ Demand
July 29, 2021

Second-quarter earnings results for Mastercard, like Visa before it and the big banks too, show a rebound in consumer spending and a snapback in cross-border activity as international travel is in its early innings of recovery. Get the Full Story Complete the form to unlock...

Earnings
Facebook Highlights eCommerce, Metaverse Plans As Pressure On Ad Business Grows
July 29, 2021

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...

Earnings
PayPal: Venmo Volumes Grow 58 Pct YoY To $58B
July 29, 2021

PayPal reported second-quarter results Wednesday (July 28) that showed the great digital shift had boosted eCommerce fortunes and that peer-to-peer (P2P) payments during the period surged significantly, helped by cryptocurrency trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
LendingClub Q2 Loan Originations Soar By 84 Pct
July 28, 2021

San Francisco-based FinTech LendingClub said it had its most profitable quarter in company history Wednesday (July 28) as the newly minted lender completed its first full quarter operating as a digital bank following its $185 million purchase of Radius in January. Get the Full Story...

Earnings
Spotify’s Premium Subscriber Base Expands To 165M Amid Push Toward Monetizable Content
July 28, 2021

The ranks of Spotify’s premium subscribers soared by 20 percent year over year to 165 million in the second quarter, as the streaming company reported “significant advertising strength and subscriber outperformance.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
McDonald’s Aims To Become McData As Digital Strategy Takes Center Stage
July 28, 2021

Companies evolve over the decades – they have to, in order to remain competitive. Often, technology becomes a key differentiator. And a motto for the quick-service restaurants (QSRs), for the marquee names such as Pizza Hut and Chipotle and McDonald’s, the motto may be: Go digital...

Earnings
Apple’s Paid Subscriptions Hit 700M; Up 150M Since Last Year
July 27, 2021

It wasn’t just a good third quarter for Apple, but was, in fact, its best-ever as the tech giant blasted past analyst forecasts for revenue, earnings, iPhone sales, services that saw Apple nearly double its profits. Get the Full Story Complete the form to unlock...