One of the bright spots in the COVID-19 economy has been delivery services, and United Parcel Service Inc. (UPS) is no exception. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Sally Beauty Holdings Inc. reported that its net sales fell in the third quarter to $705.3 million, a nearly 28 percent drop compared to the same period one year ago, amid a shutdown of almost all of its stores for much of the quarter. Get the...
In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big...
Blue Apron Holdings Inc., the meal kit delivery service, reported second-quarter (Q2) net income of $1.1 million after reporting a $7.7 million loss in the same period last year, the company announced on Wednesday (July 29). Get the Full Story Complete the form to unlock...
Starbucks reported in its third quarter earnings results on Tuesday (July 28) that the ranks of its 90-day active Starbucks Rewards members dropped 5 percent year over year in the U.S. to 16.3 million because of “reduced customer frequency” mainly attributed to temporary store closures...
The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
McDonald’s said on Tuesday (July 28) that its revenue fell 30 percent for the second quarter of 2020 compared to the same period in 2019, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside pickup. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
American Express managed to put up a surprising profit in the second quarter, but saw revenue sharply drop as consumer spending collapsed as the COVID-19 pandemic slammed America, figures released Friday (July 24) showed. Get the Full Story Complete the form to unlock this article and enjoy...
