Visa Inc (NYSE: V) reported second-quarter 2020 financial results after the regular trading hours on Thursday. Both revenue and EPS surpassed analysts expectations during the quarter.
Payment volume increased 5% in Q2.
CEO Alfred F. Kelly, Jr said, “Although the road ahead will likely be challenging for a number of quarters, our business model is resilient and our strategy to enable the movement of money globally is more relevant than ever.”
V stock rose 0.16% following the announcement. The stock has increased by 9% in the trailing 12 months.
Like other leading store operators, Costco Wholesale Corporation (NASDAQ: COST) went into overdrive when people stockpiled on essential items after coronavirus threw normal life out of gear in early 2020.
Nike Inc. (NYSE: NKE) reported first quarter 2022 earnings results today. Total revenue increased 16% year-over-year to $12.2 billion. Net income rose 23% to $1.9 billion while EPS grew 22%
Warehouse chain Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2021. The results also topped expectations. Fourth-quarter net sales grew 17.5% annually to