In the first quarter of 2021, PepsiCo saw net revenue growth of 6.8 percent, for a total of $14.8 billion in revenue, up from last year’s $13.9 billion, the company announced on Thursday (April 15). Given that the quarter ended March 20, 2021 in North...
Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a company report. The earnings per diluted common share were $0.98, which represented a 34.2 percent increase from the same time...
With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had socked away last year for possible losses. The move doubled its first-quarter profits — from $4.01 billion in 2020 to...
Citigroup reported higher-than-expected profits of $7.9 billion, or $3.62 per share, for the first quarter of this year compared to last year’s $2.5 billion, or $1.05 a share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Turns out that triple-digit stock market growth isn’t reserved for GameStop. Working in an unprecedented environment of SPAC hype, crypto-mania and retail trading explosions, Goldman Sachs posted record first-quarter profits and earnings Wednesday (April 14), keeping its old-school investment practices front and center, but leaving...
Wells Fargo reported Wednesday (April 14) results that showed approximately 6 percent growth in credit card-based spending, with notable growth of approximately 20 percent in debit card-based spending as economies recover from the pandemic. Get the Full Story Complete the form to unlock this article...
Just Eat Takeaway.com, a Netherlands-based food delivery service that operates in 23 countries, announced on Tuesday (April 13) that total orders for 2021’s first quarter were up 79 percent year over year to reach 200 million, that delivery orders were up 198 percent to 69...
The pandemic has seen many supermarkets temporarily emptied of toilet paper, alongside a boost in grocery shopping as customers’ work-from-home patterns have persisted. As the pandemic slowly subsides, consumers could end up cutting their supermarket spending. Get the Full Story Complete the form to unlock...
JPMorgan Chase posted results that showed that consumer spending is a continued tailwind as economies recover from the pandemic — and the shift to mobile banking is firmly entrenched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
