Amid the companies kicking off earnings season, JPMorgan Chase and Co. reported results that showed consumer spending remains resilient in the face of global macro pressures. Its card loans are up high single digits – which, at a company level, shows continued traction in digital...
Citigroup had a flat third quarter but reported year-over-year gains in treasury and trade solutions services for that period. The financial institution, however, beat analysts earnings expectations — just barely — in what CEO Michael Corbat called an “unpredictable quarter.” Get the Full Story Complete the form to...
Two recent studies on app activity show that global app revenue grew significantly year-over-year in the third quarter of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Levi Strauss & Co. is putting more of its hopes into digital and mobile channels — and online culture — to expand revenue and its brand profile, and make up for declining wholesale sales. The success of that ongoing effort could provide lessons or warning for...
Get ready for some drama ahead in the food delivery space — that was one message that came from Domino’s Pizza on Tuesday (Oct. 8) in the aftermath of third quarter 2019 earnings that disappointed investors. Get the Full Story Complete the form to unlock...
Data from the Pew Research Center shows that 52 percent of American adults live in “middle class” households, with the median income at $78,442 in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Payment management software firm Coupa Software beat Wall Street estimates for second-quarter revenue, sending shares up 10.3 percent on Tuesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While Nordstrom’s overall earnings report couldn’t quite be classified as a home run, the better-than-expected results were enough to bolster investors and send its stock price bouncing upward. Those outcomes were largely driven by strong inventory management and increasing strength in digital sales channels. Get...
Adyen, the Dutch payments processor, posted first-half results on Thursday (Aug. 22) that showed double-digit percentage gains in volumes, driven by online commerce and increased traction among mid-market firms doing business and taking payments across the globe. Get the Full Story Complete the form to...
