Verifone is in the midst of moving beyond the terminal to embrace commerce driven by software. In meeting 1Q Street results, Verifone CEO, Paul Galant, said that the double digit growth in service revenues, prove that investments in commerce and the cloud are reaping big...
The retail outlook was bleak when, on the first earnings call of 2017, Target announced plans to invest more in digital, fulfillment and employee culture. One year later, however, the investment strategy has delivered some payoffs. Target logged a 3.6 percent increase in comparable sales...
It was a good news, bad news type of earnings report for apparel and accessories department store chain Nordstrom, according to recent reports from industry news source Chain Store Age. The company’s earnings came in at $151 million, a drop from last year’s $201 million...
Equifax released earnings late Thursday, the same day that it said 2.4 million more individuals in the US fell victim to the infamous 2017 hack. The numbers were, well, decent against a backdrop of negativity, as the company beat top and bottom lines. But the...
Worldpay reported results on Wednesday (Feb. 28) that beat analyst expectations, as transactions grew in the mid-single digits. Vantiv, based in the U.S., adopted the name Worldpay after closing the acquisition of Worldpay, based in the U.K., earlier this year. Excluding items, including the impact...
Kohl’s is showing signs of renewed strength as its Q4 earnings results filter in across the wires, bucking its rough recent history to log Q4 earnings and revenue that outstripped analyst estimates. The success was chalked up to tighter inventory controls and powerful sales growth...
Investors were less than jazzed by Lowe’s latest earnings report, with a miss that came in below analysts’ expectations pre-earnings release. That displeasure was evident in Lowe’s stock price this morning (Feb. 28), which fell 8 percent on the news. Still, other than the earnings...
It was all about the comps Tuesday. And online sales. And even … brick and mortar sales. Shares of Macy’s ramped up 10 percent on the heels of earnings that beat the Street, and it was likely same store sales data that stoked investor optimism....
Etsy gave investors a thrill when it announced earnings yesterday — and saw its share bounce 18 percent as a result. The big bounce was powered mostly by the $1 billion in gross merchandising sales Etsy reported — its best ever result in that regard....
