The year 2020 started strong for Starbucks, CEO Kevin Johnson noted in his call with investors after the firm’s second-quarter earnings hit the wires Tuesday (April 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As consumers turned to biscuits and chocolate for comfort amid the coronavirus pandemic, Mondelez International Inc. held or gained market share in roughly 80 percent of its markets in the first quarter. Get the Full Story Complete the form to unlock this article and enjoy...
Adyen reported its processed volume for the first quarter of 2020 rose by 38 percent year-on-year, with an extension of historical growth trends over the first two months of the year. The payment firm said in an earnings release that it hasn’t changed its medium- to long-term...
American Express reported results Friday (April 24) that showed a marked decline in card spending in the last few weeks of the first quarter tied to a worsening economic environment in the wake of the global COVID-19 pandemic, and built reserves for its credit losses....
As it moved to combat COVID-19 with contactless delivery and social distancing measures, Domino’s reported on Thursday (April 23) that its global retail sales grew 4.4 percent in the first quarter. The quick-service restaurant (QSR) chain registered U.S. same-store sales growth of 1.6 percent and international same-store sales growth of...
Call it, in a way, the power of the lockdown. 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...
Amid rocketing digital sales and a growing loyalty program, Chipotle Mexican Grill reported better-than-expected earnings on Tuesday (April 21). 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...
Truist reported better-than-expected earnings on Monday (April 20) as consumers and businesses take an economic hit from the coronavirus, noting that it has been providing payment relief assistance to customers amid the health crisis. Get the Full Story Complete the form to unlock this article...
Given the full-scale shutdown in the U.S. and across the world, one might have expected that quarterly earnings season would be a less than sunny experience. Bank of America’s quarterly earnings report yesterday bore that out as the bank reported a 48.5 percent drop in first-quarter...
