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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests

Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
April 30, 2020  |  Earnings

Facebook’s earnings results showed the impacts of a pandemic that proved to be headwinds on its advertising business, but logged gains in monthly and daily...

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U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
April 29, 2020  |  Economy

U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the...

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Alphabet’s YouTube Revenues Surge 33 Pct In Q1
Alphabet’s YouTube Revenues Surge 33 Pct In Q1
April 29, 2020  |  Earnings

Call it a tale of two quarters – or, more specifically, a quarter that can be divided into “before coronavirus” and “during coronavirus.” Get the...

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Mondelez Sees Spike In Biscuit Demand Due To COVID-19
Mondelez Sees Spike In Biscuit Demand Due To COVID-19
April 28, 2020  |  Earnings

As consumers turned to biscuits and chocolate for comfort amid the coronavirus pandemic, Mondelez International Inc. held or gained market share in roughly 80 percent...

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Netflix Results Show Deluge Of Streaming Media Demand, With Tempered Growth Coming Later
Netflix Results Show Deluge Of Streaming Media Demand, With Tempered Growth Coming Later
April 22, 2020  |  Earnings

Call it, in a way, the power of the lockdown. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Chipotle Digital Sales Jump 80.8 Pct Amid Delivery, Loyalty Expansion
Chipotle Digital Sales Jump 80.8 Pct Amid Delivery, Loyalty Expansion
April 21, 2020  |  Earnings

Amid rocketing digital sales and a growing loyalty program, Chipotle Mexican Grill reported better-than-expected earnings on Tuesday (April 21). Get the Full Story Complete the...

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