Software giant SAP on Sunday (Oct. 25) reported total revenue was down 4 percent to 6.54 billion euros ($7.7 billion) for the quarter that ended Sept. 30. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
American Express posted Q3 results Friday (Oct. 23) that showed a rebound in spending across consumer and commercial segments from lows seen in the spring amid the pandemic’s heights. The firm especially saw gains in non-travel and expense card-not-present activity related to categories such as...
American Express reported third-quarter earnings of $1.30 a share, missing Wall Street estimates of $1.34, but revenue beat forecasts of $8.66 billion, coming in at $8.75 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With restaurant attendance down, movie theaters mostly closed and consumer enthusiasm for events outside their living rooms at a historic low point, Coca-Cola once again reported depressed revenue with its Q3 earnings. But an uptick in direct-to-consumer (D2C) sales for home use counteracted some of...
Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For restaurants — quick-service restaurants, especially — three Ds are powering sales: delivery, digitally, dining at home. 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...
American Airlines reported on Thursday (Oct. 22) that it had decreased its cash burn rate to roughly $44 million daily in Q3 from roughly $58 million daily in Q2. The airline now forecasts its Q4 cash burn rate to be in the range of $25...
Singapore’s mobile tech giant Grab is seeing solid recovery, with revenue bouncing back to 95% of pre-pandemic levels, according to a Thursday, Oct. 22 Reuter’s report citing a company newsletter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Chipotle Mexican Grill reported on Wednesday (Oct. 21) that digital sales rocketed up 202.5 percent year-over-year to $776.4 million and comprised nearly half of sales in Q3. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
