Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
Amazon Online Sales Bounce 7%, Subscriptions Surge 14%, Customers Still ‘Trade Down’ 
October 26, 2023  |  Amazon

Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Get the...

READ MORE >
Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
Capital One Reports Delinquency Rate Back to Pre-Pandemic Level
October 26, 2023  |  Consumer Finance

The delinquency rate in Capital One’s domestic card business continued to rise in the third quarter and has returned to its pre-pandemic level. Get the Full...

READ MORE >
Chipotle Taps Automation to Boost eCommerce Capacity Even as Digital Ordering Declines
Chipotle Taps Automation to Boost eCommerce Capacity Even as Digital Ordering Declines
October 26, 2023  |  eCommerce

Chipotle is testing automated technology to boost the capacity and efficiency of its makelines for eCommerce orders, even as consumers shift away from its digital...

READ MORE >
Bread Financial Reports Economic Pressures Driving Higher Delinquency Rate
Bread Financial Reports Economic Pressures Driving Higher Delinquency Rate
October 26, 2023  |  Earnings

Bread Financial Holdings reported that its credit card net loss rate in September was slightly lower than it was a year ago while its delinquency...

READ MORE >
Microsoft Boosts Xbox Game Pass Engagement Even as Competition Escalates
Microsoft Boosts Xbox Game Pass Engagement Even as Competition Escalates
October 26, 2023  |  Subscriptions

As more entrants crowd the gaming subscription space, Microsoft is still growing engagement with its Xbox Game Pass membership program, suggesting that when it comes...

READ MORE >
Mastercard Says Consumer Spending Decelerates in October
Mastercard Says Consumer Spending Decelerates in October
October 26, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Hershey Sees ‘Key Retailer’ Pulling Back Amid Digital Transformation
Hershey Sees ‘Key Retailer’ Pulling Back Amid Digital Transformation
October 26, 2023  |  Earnings

As grocers increasingly shift their focus to their digital and omnichannel businesses, Hershey is seeing one of its key business customers pull back as it...

READ MORE >
Barbie’s New Role: Picking up Mattel’s Toy Sales 
Barbie’s New Role: Picking up Mattel’s Toy Sales 
October 26, 2023  |  Retail

In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion,...

READ MORE >
Western Union Sees 3% Revenue Growth in Digital Business
Western Union Sees 3% Revenue Growth in Digital Business
October 25, 2023  |  Earnings

Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. Get...

READ MORE >