It would be an overstatement to say that Amazon should be incredibly worried about Walmart these days — as Amazon is undeniably doing great by almost any rational measurement. Still, coming off Q3’s latest earnings report, it might not hurt Amazon to look over its shoulder...
Uber’s Q3 2018 financial results show that the company’s net losses increased 32 percent to $939 million quarter over quarter. On an earnings before interest, depreciation, taxes and amortization basis (EBIDTA), Uber’s losses came to $527 million, up about 21 percent quarter over quarter, according to...
Macy’s managed to come out ahead of analyst expectations for the third time in a row during Q3 2018, with earnings and same-store sales all coming in front of earnings forecasts. Macy’s racked up earnings per share (EPS) of $.27 versus the $.14 expected and...
Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The FinTech company has now recorded losses for the second consecutive quarter. In August, it posted a second quarter loss of about...
November 16, 2018
It would be an overstatement to say that Amazon should be incredibly worried about Walmart these days — as Amazon is undeniably doing great by almost any rational measurement. Still, coming off Q3’s latest earnings report, it might not hurt Amazon to look over its shoulder from time to time. That’s because, in the world of […]
November 02, 2018
Double-digit growth marked Western Union's digital offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth spanning several cross-border corridors — and, of course,...
October 31, 2018
More than a month ago, eBay started managing payments on its U.S. marketplace platform, and on Tuesday (Oct. 30), the first results of that effort were in. The eCommerce operator,...
October 25, 2018
Grubhub — fueled by a 67 percent year-over-year increase in active diners in the third quarter, as well as its recent partnership and acquisition deals — said it will boost its marketing...
December 10, 2018
Ulta revealed during its third-quarter earnings call that it is reducing the number of stores it will open each year. According to Retail Dive, Ulta’s long-term brick-and-mortar strategy has been decreased to between 1,500 and 1,700 total stores. The news comes as a bit of a surprise, since the beauty chain has opened 100 stores every […]
November 15, 2018
Uber’s Q3 2018 financial results show that the company’s net losses increased 32 percent to $939 million quarter over quarter. On an earnings before interest, depreciation, taxes and amortization basis (EBIDTA),...
November 12, 2018
Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The FinTech company has now recorded...
November 01, 2018
Smartwatches and repeat customers helped Fitbit beat analyst revenue expectations in the third quarter of 2018 — and those two factors could become even more important in the months to come....
