Earnings

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

Foot Locker’s Stock Plunges 34% as It Battles ‘Still-Tough Consumer Backdrop’
Foot Locker’s Stock Plunges 34% as It Battles ‘Still-Tough Consumer Backdrop’
August 23, 2023  |  Retail

Foot Locker shares plunged 34% at the release of second-quarter earnings on Wednesday (Aug. 23) as the company faces a challenging retail environment and struggles...

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Sephora Helps Kohl’s Drive a 90% Increase in Beauty Sales
Sephora Helps Kohl’s Drive a 90% Increase in Beauty Sales
August 23, 2023  |  Retail

Beauty remains a winning category for Kohl’s, mainly due to its shop-in-shop experience with Sephora.   While in its second quarter, Kohl’s saw a 4.8% decline in...

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Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions 
Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions 
August 23, 2023  |  Retail

The state of recalls. That’s what it feels like with Peloton, as on Wednesday (Aug. 23) the company reported a loss that exceeded expectations and...

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Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
Fitness Takes the Lead: Dick’s Sporting Goods Emerges as Priority in Consumer Budgets 
August 23, 2023  |  Earnings

Shoppers are exercising increased prudence in terms of nonessential expenditures. This trend is a hot topic within the retail sector, from everyday grocery shopping to...

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Warehouse Club Chains’ Share Gains Hold Even as Grocery Inflation Slows
Warehouse Club Chains’ Share Gains Hold Even as Grocery Inflation Slows
August 22, 2023  |  Earnings

Membership chains such as BJ’s Wholesale Club are seeing the gains they made at the highest points of grocery inflation hold strong, even as price increases moderate....

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Zoom Taps AI to Empower Customers in Safe Hybrid Work Environment
Zoom Taps AI to Empower Customers in Safe Hybrid Work Environment
August 21, 2023  |  artificial intelligence

Zoom has made significant advancements in its artificial intelligence (AI) technology as it aims to empower customers to work smarter in a hybrid work environment. ...

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Digital Payment Transformations Drive Business Growth for CFOs
Digital Payment Transformations Drive Business Growth for CFOs
August 21, 2023  |  Commercial Payments

Digital is no longer a strategy but a whole way of doing business.  And many companies need to figure out what’s next. This, as Yum!...

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Retail Earnings Show Digital Shift in Health and Beauty Spend
Retail Earnings Show Digital Shift in Health and Beauty Spend
August 18, 2023  |  Retail

Consumers are proving resilient when it comes to spending on health and beauty products.  That’s one of the takeaways this past week from Target and...

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Among the off-price retailers, TJX Companies has recently reported benefiting from the...

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