q1

AMC Plans Global Reopening For July

AMC Plans Global Reopening For July
AMC Plans Global Reopening For July
June 09, 2020  |  Economy

AMC Entertainment, the U.S. theater chain, reported a decline in earnings for the first quarter ending March 31, with a $941.5 million drop in revenue....

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Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
June 09, 2020  |  Retail

Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. The department store retailer said it...

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Express Inc. Net Sales Drop 53 Pct Amid Pandemic
Express Inc. Net Sales Drop 53 Pct Amid Pandemic
June 03, 2020  |  Retail

As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of...

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American Eagle’s Digital Demand Jumps 33 Pct In Q1
American Eagle’s Digital Demand Jumps 33 Pct In Q1
June 03, 2020  |  Retail

American Eagle Outfitters, Inc.’s digital demand accelerated in the first quarter, powered by brand health and formidable shopper engagement. Management reported that online sales jumped...

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Sweden’s Economy Grew In Q1 In Absence Of Lockdown
Sweden’s Economy Grew In Q1 In Absence Of Lockdown
May 29, 2020  |  Cross-border Payments

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC...

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Walmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart Crushes Earnings; eCommerce Soars 74 Pct
May 19, 2020  |  Retail

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up...

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Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
May 13, 2020  |  Earnings

China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with total net revenues of $15.2 billion, up 26 percent from the...

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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics
Lockdowns Drive Lower Revenues For ATM Owner Cardtronics
May 08, 2020  |  Earnings

Cardtronics, which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and...

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