Earnings

Earnings
Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
April 15, 2024

Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Citigroup Watches Spending; Sees Digital Engagement Rising
April 12, 2024

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Earnings
Wells Fargo Sees Brighter Days for US Consumer Spending
April 12, 2024

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
April 12, 2024

Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024

Friday marks the beginning of earnings season. 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...

Earnings
Walgreens Taps Personalized Marketing to Reach Deal-Seeking Consumers
March 28, 2024

As economic pressures weigh on shoppers’ minds, Walgreens is leveraging its targeting capabilities to keep them engaged. 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...

Earnings
Nike Continues to Distance Brand From D2C Push
March 21, 2024

Nike may have beaten the street with its fiscal year Q3 earnings, but it’s hardly taking a victory lap. Acknowledging that this was a “difficult time” for the brand, CEO John Donahoe told Thursday’s earnings call that some adjustments are in store, and that further...

Earnings
Darden’s Sales Climb Even as Lower-Income Diners Stay Home
March 21, 2024

Olive Garden owner Darden has seen a drop in lower-income diners patronizing its restaurants. 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...

Earnings
PDD Holdings Revenue Doubles as Consumers Seek ‘Value for Money’
March 20, 2024

PDD Holdings, the multinational commerce group that owns and operates shopping platforms Pinduoduo and Temu, saw its revenue double year-over-year as consumers sought “value for money.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...