Google parent Alphabet reported Thursday (Oct. 29) that it enjoyed solid Q3 revenues as consumers began to spend again and advertisers followed by reopening their ad budgets. The company also pointed to several new features as it continues to be position itself as an accessible...
Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower by 7 percent, partially offset by a 5 percent rise in average ticket. Get the Full Story Complete the form...
Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise for the third quarter as the pandemic has driven consumers online, 44 percent of which it lays claim to. It...
FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a profit of $42.4 million, or 34 cents a share, on revenue of $460 million during the year-ago third quarter, the...
Consumer behavior drove Western Union‘s positive third quarter earnings results, announced Thursday (Oct. 29), with cross-border principal up by 8 percent for the quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The digital-first economy and the Worldpay acquisition both played key roles in payment processor FIS’ earnings on Thursday (Oct. 29), as the company used its announcement to spotlight a new eCommerce win at Walmart. Get the Full Story Complete the form to unlock this article...
Yum! Brands, Inc. reported on Thursday (Oct. 29) as part of its Q3 earnings that global system sales excluding foreign currency translation increased 1 percent, with 2 percent net-new unit growth and a 2 percent same-store sales drop. Get the Full Story Complete the form...
The social sharing platform Pinterest got a revenue bump from the pandemic as more people engaged with online entertainment as a way to socialize under lockdown, Pinterest said in a statement on Wednesday (Oct. 28). Get the Full Story Complete the form to unlock this...
Visa reported fiscal fourth-quarter results Wednesday (Oct. 28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. But the firm also reported headwinds on cross-border results that reached into double-digit percentages and will persist, according to management commentary. Get the Full...
