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NCR Voyix Corporation reports developments as a NYSE-listed unified commerce technology company serving shopping and dining markets. Its news commonly covers retail and restaurant customer agreements, point-of-sale modernization, payments capabilities, and platform products such as the Voyix Commerce Platform, Voyix Connect, and Aloha Next.
Company updates also include earnings releases, conference presentations, material agreements, capital-structure disclosures, governance matters, and operating results tied to its Retail and Restaurants segments and its customer base across more than 35 countries.
Parker's Kitchen, a convenience store chain with 94+ locations in Georgia and South Carolina, has partnered with NCR Voyix (NYSE: VYX) to implement self-checkout technology across its stores. The technology is currently deployed at 62 sites, with plans for future expansion.
The implementation brings several key benefits including enhanced speed and efficiency in customer transactions, user-friendly interface, multiple payment options, and seamless integration with existing infrastructure. According to Scott Smith, Senior Director of IT at Parker's Kitchen, the technology allows team members to assist three customers simultaneously instead of one, resulting in faster checkout times.
The partnership aims to optimize operations and enhance customer experience at Parker's Kitchen stores, which are known for Southern-inspired food and high-quality products.
NCR Voyix (NYSE: VYX) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Thursday, February 27, 2025. The company's management team will host a conference call to discuss the results at 8:00 a.m. ET on the same day.
Investors can access the conference call through toll-free (877) 407-3088 or toll number +1 (201) 389-0927. A live webcast and presentation materials will be available on the company's investor relations website, with a replay accessible after the event.
NCR Voyix (NYSE: VYX) has appointed Executive Chair James G. Kelly as President and CEO, effective immediately, replacing David Wilkinson who is stepping down. Lead independent director Kevin Reddy has been named non-executive Chair.
Kelly brings over 25 years of executive leadership experience, previously serving as CEO of EVO Payments for 12 years until its acquisition by Global Payments in March 2023. He also held senior leadership roles at Global Payments, including President and COO (2006-2010) and CFO (2000-2005).
The company has reaffirmed its revenue and adjusted EBITDA guidance for full year 2024, as previously announced on November 7, 2024. NCR Voyix plans to release its Q4 and full year 2024 financial results on February 27, 2025.
NCR Voyix (NYSE: VYX) has secured a significant contract with the Defense Commissary Agency (DeCA) through its subsidiary NCR Government Systems The contract, valued at $335 million over five years, positions NCR Voyix as the maintenance and operations services provider for DeCA's point-of-sale (POS) technology assets across 240 commissaries.
The contract, known as DEBOSS (DeCA Enterprise Business Operations Solutions), was awarded by the Defense Information Systems Agency (DISA) Defense Information Technology Contracting Organization (DITCO) after evaluating five competitive proposals. NCR Voyix will provide sustainment services for hardware and software across global military facilities, including support for catalog, ordering, receiving, pricing, and point of sale functions.
NCR Voyix (NYSE: VYX) has been recognized as a Leader in two significant IDC MarketScape reports evaluating POS software solutions for both Quick Service/Fast Casual and Full-Service Restaurant sectors. The December 2024 assessments highlight the company's innovative approach to restaurant technology solutions.
The reports emphasize NCR Voyix's strengths in cloud platform capabilities, comprehensive omni-channel support, and robust analytics. For quick-service restaurants, the company was praised for its modernization approach focusing on innovation impact and uninterrupted operations. In the full-service sector, NCR Voyix was recognized for its broad portfolio of services including deployment, hardware maintenance, and professional services supporting digital integration.
According to Dorothy Creamer, IDC's senior research manager, the enterprise restaurant sector faces increasing complexity in multi-channel ordering and payment capabilities. Benny Tadele, President of Restaurants at NCR Voyix, emphasized the company's commitment to delivering innovative solutions that address these challenges while creating exceptional dining experiences.
NCR Voyix (NYSE: VYX) has announced the implementation of its AI-powered bulk scanning self-checkout solution, NCR Voyix Halo Checkout, at a Phillips 66 branded Mach 1 station since November 2024. The solution, now available for pre-order across the US, Canada, UK and EU, can simultaneously scan up to 20 products and reduce checkout time by nearly 50%.
The system integrates Everseen's Evershow technology, using cameras and AI for instant product recognition regardless of orientation. Key benefits include enhanced shopping experience through the NCR Voyix Commerce Platform, high accuracy recognition with 'Attendant-Based Learning' capability, an intuitive self-learning model, and improved operational efficiency with advanced monitoring to reduce shrinkage.
The solution is available as a table top offering or an add-on to existing self-checkout systems, allowing retailers to scale based on shopper feedback and store demographics.
NCR Voyix (NYSE: VYX) has released its 2025 Commerce Experience Report, revealing significant consumer trends in retail and dining. The survey shows that 77% of shoppers prefer self-checkout for faster service, with Gen Z (63%) and Millennials (45%) being the primary adopters.
Key findings include:
- 60% of non-self-checkout users would use it if stores allowed more than 15 items
- 42% of consumers have encountered cameras detecting unscanned items
- 54% expect grocery costs to increase in 2025
- 70% participate in grocery store loyalty programs
- 53% specifically choose gas stations based on their convenience stores
- 84% opt for -service restaurants to save money
The report also highlights that consumers desire more smart technology implementation, including self-service kiosks (39%), table-top ordering (37%), and digital payments (32%). Rising inflation has impacted consumer behavior, with 56% modifying their tipping habits and 55% reducing delivery orders.
NCR Voyix (NYSE: VYX) maintains its position as the world's largest point of sale (POS) software supplier for the eighth consecutive year, according to the Global POS Software 2024 study by RBR Data Services. The company leads in both the Grocery+ segment (grocery, convenience, and drug stores) and remains a frontrunner in the Hospitality+ segment (restaurants and hotels).
The comprehensive study analyzed over 2,600 POS projects worldwide, covering more than 140 industry suppliers and nearly 9.5 million POS setups across 48 countries and six global regions. The research focused on businesses with 1,000+ POS lanes in grocery, general merchandise, and hospitality industries.
NCR Voyix (NYSE: VYX), a leading digital commerce solutions provider, has announced CEO David Wilkinson's participation in three upcoming investor conferences. The schedule includes:
RBC Capital Markets Global Technology Conference in New York on November 20, 2024, with a presentation at 2:40pm ET; Stephens Annual Investment Conference in Nashville on November 21, 2024, presenting at 10:00am ET; and the Furey Research Hidden Gems Conference, a virtual event on November 26, 2024.
All presentations will include company presentations and investor meetings, with live webcasts and replays available on the NCR Voyix investor relations website.
NCR Voyix (NYSE: VYX) reported Q3 2024 financial results with GAAP Revenue of $711 million, down from $809 million year-over-year. The company completed the sale of its Digital Banking business to Veritas Capital for $2.45 billion in cash, using proceeds to reduce debt by $1.84 billion. Net loss from continuing operations was $31 million, improving from $266 million loss in prior year. Software & Services Revenue decreased to $517 million from $540 million. The company maintained its full-year 2024 guidance with total revenue projected at $2,805M-$2,860M and Adjusted EBITDA at $355M-$375M.