Earnings

Earnings
Western Union’s Digital Surge Offsets In-Store Decline
July 30, 2024

The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite headwinds from sanctions on Iraqi banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
Procter & Gamble Records 4% Organic Sales Growth
July 30, 2024

Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4% rise. Net sales rose 2%, to $84 billion, while fourth-quarter sales, shipment volumes and product mix were flat year over...

Earnings
JetBlue Focuses on Leisure Routes on Road to Restore Profits
July 30, 2024

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. 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,...

Earnings
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30) posted better than expected Q2 earnings and doubled down with increased revenue estimates for the rest of 2024. Get the...

Earnings
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. 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,...

Earnings
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. 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....

Earnings
Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
July 26, 2024

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Earnings
American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
July 25, 2024

On Thursday (July 25), American Airlines announced a record second-quarter (Q2) revenue of $14.3 billion. However, net income plunged 46%, to $717 million, while a “bright spot” was its loyalty program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Wyndham Hotels Touts AI Initiatives Amid Record Room Growth
July 25, 2024

Wyndham Hotels & Resorts is investing in artificial intelligence (AI) amid record growth in its room pipeline. 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...