Nordstrom crossed a critical digital-first economy threshold in its earnings announcement on Tuesday (Nov. 24). It became the first brick-and-mortar retailer to earn the majority of its revenue from eCommerce as 54 percent of its third-quarter take came from digital channels. “We view this as...
Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise for the third quarter as the pandemic has driven consumers online, 44 percent of which it lays claim to. It...
Investors will get a glimpse inside the increasingly complex world of the biggest social-media platform on Thursday (Oct. 29) when Facebook posts its third-quarter results after the market close. It’s a quarter that has seen Facebook benefit from increased use due to more people working...
Fiverr, an online marketplace for freelance services, reported a 42 percent year over year revenue gain for the third quarter of 2019 on Wednesday (Nov. 13). The company filed for its initial public offering (IPO) back in May. For the third quarter of 2019, the company’s revenue...
October 27, 2017
Amazon’s investors got a bit of an early Christmas present this year, as a big beat on the Street earnings expectations for Q3 shot the stock price way up in after-hours trading. Q3 is normally a heavy investment period for Amazon, leading into the always active Q4 holiday rush, so analysts were expecting smaller profits. But North American sales growth was […]
October 23, 2019
Discover Financial Services posted third-quarter results that topped expectations on the heels of loan growth and payments volume. In terms of headline numbers, earnings of $2.36 were better than the Street expectation by nine cents. Total net revenues were up 6 percent year over year to $2.9 billion. Total loans at the end of the […]
December 15, 2017
A bad quarter has sent fashion retailer H&M scrambling to adjust its strategy. The Swedish group said that strategy now includes closing more stores and opening fewer new ones, as...
November 21, 2017
The largest dollar store chain operator in the U.S., Dollar Tree, has reported solid 3Q earnings that came in ahead of analyst expectations on Wall Street. According to news from...
October 26, 2017
After a massive security breach that leaked the personal information of 145.5 million consumers, it’s no surprise that Equifax isn’t rushing to report its earnings. According to a Reuters news...
