Q2 news and trends

Sephora Helps Kohl’s Drive a 90% Increase in Beauty Sales
Retail // August 23, 2023

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Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
Earnings // August 23, 2023

Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to high-end luxury purchases. However, if the nonessential product you offer aligns with consumer priorities, you’re in a favorable position. This...

Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
Earnings // August 09, 2023

Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
Earnings // August 08, 2023

Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. 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...

Interviews & Exclusives
Uber Sees Members Spend 4x More Than Nonmembers as Delivery Bookings Surge 14%

August 01, 2023
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Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers

August 16, 2022
The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete the form to unlock this...

Western Union Moves 910 Million Steps Closer To Fulfilling Its Global Connected Ecosystem Vision

August 05, 2021
It was a two-for-one kind of day from Western Union. It released its Q2 earnings Wednesday (Aug. 4) alongside the announcement of its plans to sell Western Union Business Solutions to Goldfinch...

Goldman’s Apple Card: What Will Q2 Hold?

July 15, 2020
Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs, Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July...

Quick Reads
Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report

August 09, 2023
Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. 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 […]

LoanDepot Posts Loss, but Origination Volume Up 27% from Q1

August 08, 2023
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Online Review Firm Yelp Sees 13% Hike in Net Revenue for Q2

August 03, 2023
Yelp Inc. has delivered a record-breaking performance for its second quarter results released Thursday (Aug. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wish Reports 42% Decline in Q2 Revenue, Blames Competition

August 03, 2023
The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition and a challenging business environment...