Third Quarter news and trends

JCPenney Q3 Results Cause Shares To Fall
Retail // November 16, 2018

JCPenney’s shares plummeted 12 percent as a result of disappointing Q3 financial results. 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....

Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results
Retail // November 16, 2018

Nordstrom’s stock was under pressure Thursday (November 15) after the department store operator posted third-quarter results that missed its projections and disclosed it overcharged some of its credit card customers. According to a report in CNBC, for its third quarter, Nordstrom wrote down $72 million in...

Walmart Forecasting A Big Finish For 2018
Retail // November 15, 2018

Walmart is apparently expecting the holiday season to be merry and bright in 2018, with raised expectations for the full year following a third quarter with stronger-than-expected earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Visa Beats 3Q Estimates As Payments Volume Leaps
VISA // July 21, 2017

Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be...

Interviews & Exclusives
Visa Beats 3Q Estimates As Payments Volume Leaps

July 21, 2017
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be wished. Visa Checkout also gained traction, according to CEO Al Kelly, to 23 million users in a world where cashless is going more mainstream and commerce-enabling platforms (not wallets) are becoming increasingly important.

Quick Reads
China’s eCommerce Market Surpasses $186B In Q3

December 28, 2018
The online retail market hit $186.13 billion during the third quarter, with Alibaba in the dominant position. 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 […]

JCPenney Q3 Results Cause Shares To Fall

November 16, 2018
JCPenney’s shares plummeted 12 percent as a result of disappointing Q3 financial results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Nordstrom Overcharges Credit Card Customers, Hurts 3Q Results

November 16, 2018
Nordstrom’s stock was under pressure Thursday (November 15) after the department store operator posted third-quarter results that missed its projections and disclosed it overcharged some of its credit card customers. According...

Real GDP Growth Increased 3.5 Percent For Third Quarter

December 23, 2016
The economy is on an upward trajectory, with the Bureau of Economic Analysis reporting real gross domestic product increased at an annual rate of 3.5 percent in the third quarter...