As it reaped the benefits of its digital investments, Dunkin’ Brands added 146 net new Dunkin’ and Baskin-Robbins locations around the world in Q4, with the inclusion of 76 net new Dunkin’ locations in the U.S. Get the Full Story Complete the form to unlock this article...
The year 2020 is off to a rocky start for food delivery platform Grubhub. Shortly after the new year began, rumors started circulating that Grubhub — facing increasingly stiff competition in a crowded food delivery service market — was actively seeking a buyer, as it...
Shares in fitness company Peloton dived 12 percent after the company posted a disappointing earnings report that showed widening losses, according to a report Wednesday (Feb.6) by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Despite showing strength in several measures — revenue and Q1 forecasts beat pre-release estimates, Snap showed notable growth in its active user base, Discover video content platform and advertising revenue and relationships — Snap Inc. missed investor expectations for revenue and its stock price suffered. Get...
Fiserv reported Q4 earnings results that — in the wake of its First Data acquisition — showed progress on realizing revenue synergies, as well as strong growth in Clover. However, the firm posted adjusted earnings of $1.13, which just missed consensus of $1.14. The adjusted revenue was $3.7 billion,...
With a bit more granularity than has been seen in past quarters, Google’s parent Alphabet reported fourth-quarter results that showed continued gains in core search and YouTube businesses, while cloud outpaced the growth rate of those core operations. Get the Full Story Complete the form...
Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced its Q4 earnings results. Its skyrocketing share price pushed its market cap over the $1 trillion mark. Get the Full...
Facebook recently released its quarterly earnings report for the period ending on Dec. 31. During the earnings call, the company touched on its plans for the WhatsApp payments service, which is being tested in India. Get the Full Story Complete the form to unlock this...
With a “merger of equals” that resulted in the formation of Truist Financial Corporation early last month, the financial services firm reported fourth-quarter results that reflected the “heritage” of BB&T before the merger and both BB&T and SunTrust from the merging closing date forward. The merger was...