Q2 2017 news and trends

Amex, IBM Make B2B Finserv A Mixed Bag For Q2
B2B Payments // July 24, 2017

The year’s second quarter is a mixed bag for the financial firms servicing businesses. Muted corporate spend tempered American Express’ performance in its commercial card segment, and regulatory uncertainty is on the radar for Fifth Third Bancorp. IBM missed the mark, Kyriba boasted its growth,...

Target Raises Its Comparable Sales Target For Q2
Retail // July 17, 2017

Citing an improved traffic and retail shopping trend, retailer Target upped its comparable target sales for Q2 2017. In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates...

Xiaomi Shipped 23.16M Smartphones In Second Quarter
Mobile Commerce // July 11, 2017

Xiaomi, the Chinese smartphone company, has reportedly started providing mobile phone shipments for Q2 2017 after halting the practice last year. According to a report announcing the news, in a letter to employees, Xiaomi Founder and Chief Executive Lei Jun said the Chinese company shipped 23.16 million...

Costco Sweeps Expectations With Fiscal Q3 Earnings
Retail // May 26, 2017

Costco shoppers might pay less, but the company was pleasantly surprised to learn it had made more, according to the earnings report released Thursday (May 26). Membership fees are up, comp sales are up, and overall sales are up domestically and internationally by 7.8 percent,...

Quick Reads
Target Raises Its Comparable Sales Target For Q2

July 17, 2017
Citing an improved traffic and retail shopping trend, retailer Target upped its comparable target sales for Q2 2017. In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates reporting Q2 2017 GAAP and Adjusted EPS Target shares above […]

Xiaomi Shipped 23.16M Smartphones In Second Quarter

July 11, 2017
Xiaomi, the Chinese smartphone company, has reportedly started providing mobile phone shipments for Q2 2017 after halting the practice last year. According to a report announcing the news, in a...

Costco Sweeps Expectations With Fiscal Q3 Earnings

May 26, 2017
Costco shoppers might pay less, but the company was pleasantly surprised to learn it had made more, according to the earnings report released Thursday (May 26). Membership fees are up,...

Starbucks Sees Uptick In Q2 Mobile Orders, Payments

May 03, 2017
Starbucks reported second quarter results that showed a big uptick in mobile ordering and an increase in its rewards program. For Starbucks’ second quarter, which the company reported on Tuesday (May 2),...