Earnings

Earnings
Delta Air Lines Reports Upward Trending Corporate Volumes Amid Pandemic Cash Burn
October 13, 2020

Delta Air Lines reported on Tuesday (Oct. 13) that daily cash burn averaged $24 million for the September quarter, with an average of $18 million for the month of September, as its results demonstrated the magnitude of the pandemic’s impact on its business. Get the...

Earnings
JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
October 13, 2020

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Earnings
Domino’s Reports 14.8 Pct Global Retail Sales Growth
October 08, 2020

Domino’s Pizza, Inc. reported on Thursday (Oct. 8) global retail sales growth excluding foreign currency impact of 14.8 percent, with U.S. same-store sales growth of 17.5 percent and international same-store sales growth of 6.2 percent. Get the Full Story Complete the form to unlock this...

Earnings
PepsiCo’s DTC Sales Nearly Double In Q3
October 01, 2020

Food-and-beverage giant PepsiCo reported Thursday (Oct. 1) that its eCommerce sales almost doubled during the third quarter, and that the company plans to invest in the channel in a big way to strengthen online and direct-to-consumer sales.  Get the Full Story Complete the form to...

Earnings
Costco Reports 90.6 Pct Spike In eCommerce Amid Pandemic
September 24, 2020

Costco Wholesale Corp. reported on Thursday (Sept. 24) that its eCommerce sales spiked 90.6 percent in its fourth quarter. 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...

Earnings
Olive Garden Parent Darden Says Digital Accounted For More Than Half Of Off-Premise Sales
September 24, 2020

Darden Restaurants reported on Thursday (Sept. 24) that over half of its combined off-premise sales at its three largest brands during the company’s fiscal Q1 were completely digital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Big Digital Shift Powers Kroger’s Strong Q2 Earnings
September 11, 2020

The digital shift is alive and well at Kroger. The company announced Friday (Sept. 11) as part of its Q2 earnings report that it saw a 127 percent jump in eCommerce revenue that Kroger expects will be a “lasting and structural” change in its business...

Earnings
Peloton Passes 1 Million Connected Customer Mark
September 10, 2020

The digital beat goes on for Peloton as the connected fitness company sprinted past expectations for its Q4 as well as aggregated metrics for its full fiscal year 2020. Almost all of Peloton’s KPIs came in at triple-digit increases as its connected fitness subscription base...

Earnings
Lululemon Athletica Reports $554.3M In D2C Revenue
September 08, 2020

Lululemon Athletica reported Tuesday (Sept. 8) that direct-to-consumer (D2C) net revenue was $554.3 million for the second quarter, which concluded Aug. 2, marking a 155 percent rise from the same quarter last year, according to an announcement. Get the Full Story Complete the form to...