Costco Wholesale, the warehouse club retailer, was able to post higher-than-expected profit for its fourth quarter, and it has lower fees to credit card partner Visa partly to blame. The other reason for the better-than-expected performance: Shoppers plunked down more cash for appliances, electronics and...
Results at USA Technologies (USAT) sent shares up roughly 3 percent on Tuesday (Sept. 13). The company posted a loss, adjusted for one-offs, of $0.04 a share, compared to Street estimates of a break-even bottom line. Get the Full Story Complete the form to unlock this article and...
Barnes & Noble‘s latest quarterly results are out, and they are less than spectacular. Net losses clocked in at $14.4 million, or $0.20 per share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
EMV rollout in the U.S. is not a simple undertaking, and the slow rollout is having a ripple effect on industry players because transition costs are huge. For companies such as Ingenico, the hope is that the initial cost outlays can be recouped and that...
It was another not-so-pretty quarter for J.Crew. 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 form, you agree...
For Verifone, EMV has proven to be the payments equivalent of an earnings albatross — at least, for the near term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Abercrombie & Fitch appears to be another teen retailer that has seen better days, as the company reported that Q2 2016 sales fell 4 percent when compared to the same quarter last year to $783.2 million. Get the Full Story Complete the form to unlock this...
Williams-Sonoma enjoyed strong growth in online sales in the second quarter of 2016, a boost of 5.2 percent, while profits for the rest of its brands were mostly flat, according to Internet Retailer. Get the Full Story Complete the form to unlock this article and...
Yelp shocked analysts with strong Q2 earnings. Yelp’s mission to connect active consumers with great local businesses through its crowdsourced review platform had been stymied one year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
