Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Campbell’s Sees Consumers Sacrificing Ready-to-Eat Meals as Inflation Continues
Campbell’s Sees Consumers Sacrificing Ready-to-Eat Meals as Inflation Continues
August 31, 2023  |  Earnings

As this period of inflation stretches on, Campbell’s is seeing budget-constrained consumers beginning to give up the convenience of prepared meals in favor of more...

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Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
Retail Earnings Reports Signal Shopper Hesitancy Going Into Holiday Shopping Season
August 31, 2023  |  Economy

Merchants focused on nonessentials are restrategizing as shoppers predict a long way until inflation’s end. Recent earnings released by retailers may reflect consumers’ true attitudes...

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New Stores Drive Growth for Five Below 
New Stores Drive Growth for Five Below 
August 30, 2023  |  Earnings

In May, Five Below revealed its intentions to grow by leveraging Simon’s retail portfolio, which includes its Premium Outlets. This approach has been recognized as...

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Chewy Posts Double-Digit Q2 Gains as Pet Retailer Prepares for Canada Launch
Chewy Posts Double-Digit Q2 Gains as Pet Retailer Prepares for Canada Launch
August 30, 2023  |  Earnings

Florida-based online pet retailer Chewy reported “solid” second quarter 2023 financial results on Wednesday (Aug. 30), driven by strong performance in non-discretionary consumables and healthcare categories...

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Salesforce Reports AI Innovation Propels Growth
Salesforce Reports AI Innovation Propels Growth
August 30, 2023  |  Earnings

Salesforce’s fiscal 2024 second-quarter results showcase its focus on artificial intelligence (AI) innovation and its transformation to profitable growth. The customer relationship management (CRM) company...

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Big Lots Banks on Holiday Shopping to Bounce Back From Weak Q2
Big Lots Banks on Holiday Shopping to Bounce Back From Weak Q2
August 30, 2023  |  Retail

Big Lots is hoping holiday décor will put consumers in a shopping mood.   The discount retailer, while announcing its second-quarter earnings Tuesday (Aug. 29), acknowledged...

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Driving Sales Through Exclusivity Takes Time, Says Brunello Cucinelli  
Driving Sales Through Exclusivity Takes Time, Says Brunello Cucinelli  
August 30, 2023  |  Retail

Quiet luxury is the epitome of exclusivity, transcending ostentatious displays of wealth, and that’s a realm Brunello Cucinelli is determined to stay in.  “Exclusivity and...

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Report: OpenAI Approaches $1 Billion in Yearly Revenue
Report: OpenAI Approaches $1 Billion in Yearly Revenue
August 30, 2023  |  artificial intelligence

OpenAI is reportedly on the road to reaching $1 billion in yearly revenue. The maker of the generative artificial intelligence (AI) bot ChatGPT is taking...

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Smucker’s Aims to Gain Share From Coffee Shop QSRs With at-Home Alternatives
Smucker’s Aims to Gain Share From Coffee Shop QSRs With at-Home Alternatives
August 29, 2023  |  Restaurant innovation

As consumers look for more affordable alternatives to their day-to-day small luxuries, The J.M. Smucker Company is stepping up its at-home coffee offerings, providing lower-priced...

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