As Starbucks gained traction through its digital channels, and amplified its brand through additional markets with the Global Coffee Alliance and a new Starbucks Reserve Roastery location, the quick-service coffee chain reported a rise in its loyalty ranks during Q1 fiscal year 2020. The company also...
As eBay seeks to right its ship with its search for new leaders, as well as new revenue from its recent sale of StubHub (and perhaps even the sale of its classifieds unit or other assets), the online marketplace operator reported an earnings slide for the...
Payments network American Express reported results Friday (Jan. 24) that showed card spending and loan growth up double-digit percentages, as measured year over year, in the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Discover Financial Services posted fourth-quarter results that topped earnings expectations on the heels of loan growth and payments volume. 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...
The streaming wars have started in earnest, and with the first Netflix earnings reports since late 2019, dual launches of Disney+ and Apple TV’s streaming services clearly have the digital streaming giant starting to feel the pinch. Netflix reported earnings for the first quarter (Q4...
Amid the spate of financial institutions reporting results that show increased traction in consumer spending — especially across credit cards — add Capital One Financial to the list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There are a few common themes among big bank earnings reports. 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...
Retailers having a less than festive holiday season saleswise has become an increasingly repetitive storyline in early 2020, as the earnings results are rolling in and the revenue figures have been disappointing. Macy’s, Kohl’s, JCPenney, Five Below, L Brands and Bed, Bath & Beyond all...
Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. 15), marking the latest growth surge for that payment method. During the quarter, consumers made 95 million payments worth $23.8 billion using Zelle. Get the Full Story...
