Most Americans hit the stores and digital carts for holiday deals this year [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
In a season marked by rising prices , U.S. consumers proved they're still ready to spend – as long as they get a good deal. Total U.S. holiday retail sales saw a 3.8% jump year-over-year, according to Mastercard ( MA ) SpendingPulse data, with online shopping surging 6.7% while in-store purchases grew by a more modest 2.9%. The final countdown to Christmas proved crucial, with the last five days generating 10% of total holiday spending. “The value-minded consumer showed up to shop,” said Steve Sadove, senior advisor for Mastercard, noting retailers' success in managing both digital and physical channels. Sophisticated mobile apps, real-time inventory tracking, and AI-powered recommendations further streamlined the online shopping experience. Cyber Monday remained the key retail event for budget-conscious shoppers. Regional differences emerged sharply, with Phoenix (10.0%) and Tampa (10.6%) reporting double-digit increases in online sales, while Minneapolis (8.9%), Dallas (8.4
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News
- Netflix scores a record-setting touchdown with its NFL streaming on Christmas Day [Fortune]Fortune
- Cart.com President Talks Peak Season, De Minimis and Billion-Dollar Ambitions [Yahoo! Finance]Yahoo! Finance
- MasterCard (MA) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- This Week In Credit Card News: CFPB Calls Out Some Illegal Card Practices [Forbes]Forbes
- Mastercard reports holiday retail spending stronger than last year Mastercard said consumers were "value-minded" and shopped at both brick-and-mortar stores and online platforms in search of attractive deals. USA TODAY [USA TODAY]USA TODAY
MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 12/9/24 - Form 4
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- MA's page on the SEC website