Kroger is not backing away from its bet that ongoing and significant investments in digital and eCommerce capabilities will lead to success in the coming years. But for now, investors are skeptical, as they showed Thursday (March 7) when the grocery chain’s stock price took...
Amid a double-digit increase in digital sales and a focus on omnichannel efforts, Kohl’s Corporation beat analysts’ top-line revenue and earnings estimates for the fourth-quarter of 2018. The department store retailer reported revenues of $6.8 billion and earnings per share of $2.24 compared to analysts’...
When Square released its Q4 financial results, the company reported that bitcoin sales accounted for $166 million of its revenue last year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Dutch payments processor Adyen logged a Q4 earnings report that came in above analyst expectations. Adyen processes payments for such household names as Spotify, Uber, and Gap and Netflix, among many others, and has been popular with investors since its public debut last June. The...
Square's Q4 results showed gross payment volume (GPV) up 28 percent year on year, driven by larger sellers representing more than half of the mix. In the meantime, greater uptake of the Cash App and lending products continued — with Cash App monthly active users...
As the global wearables market continues to grow, the latest earnings results for Fitbit show that the company had a 3 percent year-over-year increase in sales for its own devices, with revenue dominated by the newest models. The company also touted gains in smartwatches. Get...
After announcing in early January that holiday season sales had failed to live up to their potential, Macy’s chopped its 2018 forecast for same store sales growth to 2 percent from its original predictions of 2.3 percent to 2.5 percent comparable sales growth. The retailer...
Worldpay reported results for the fourth quarter of 2018 that topped expectations, marked by organic growth in its core payments processing operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After-hours trading saw shares in eCommerce handcrafted marketplace Etsy jump 6 percent after the firm logged stronger than expected earnings during the holiday quarter of 2018. The retailer’s revenues hit about $200m in the last three months of 2018, a 47 percent year-on-year increase. And revenue...
