Fitbit managed to slightly edge out analyst expectations for its earnings when it reported yesterday (May 2), pulling in $247.9 million as opposed to the $247.3 million the street was expecting. That was the good news. The bad news is that it is bringing in...
Wayfair aims to use investments in warehouses, shipping and hiring to boost earnings, company executives said on Wednesday (May 2) when announcing a 48 percent year-over-year revenue increase for the first quarter of 2018. In the Q1, Wayfair revenue hit $1.40 billion, beating analyst expectations...
Financial services technology firm Fiserv posted results on Tuesday (May 1) that met on the top line, beat on the bottom and showed continued traction in internal revenue growth and digital efforts. The company reported revenues of $1.4 billion, with an earnings per share beat...
Western Union’s first quarter results, released Tuesday (May 1), benefited from growth in digital C2C transactions as executives expressed confidence that they could fend off Walmart’s recent entry into the global money transfer space. Consumer-to-consumer revenue that stemmed from WesternUnion.com increased 23 percent in the...
Growth from markets that do not include major cities fueled Grubhub’s revenue growth in the first quarter of 2018, an increase that beat analyst expectations. But the online food delivery service’s food sales and active daily orders came up short of estimates, causing its stock...
Think of it as a measure of the economy, rendered in meat, bread, pickles and ketchup. Cheese too, if you like. The latest quarterly results from McDonald’s underscore consumer spending and its resilience in the U.S. and abroad, with some relish. (We’ll stop with the...
First Data reported earnings results on Monday (April 30) that topped Wall Street expectations, powered by organic growth and what looks to be a continued turnaround in its North American operations. The headline numbers disclosed earnings of $0.29 a share, three pennies better than anticipated....
Starbucks promotional efforts, which it has been increasing recently, failed to resonate with customers, resulting in the company reporting lackluster store traffic in the U.S. for two quarters in a row. Reuters, citing the company’s second-quarter financial results, reported that same-store sales in the Americas —...
Samsung posted its best operating profit ever in its first-quarter 2018 earnings results, but the manufacturer also had other news: A slowdown is looming for its display panel unit, which makes organic light-emitting diode screens for its own smartphones and Apple’s iPhone X. Sluggish demand for...
