Earnings

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

dLocal Sees Promise in Brazil as Payment Volumes Jump
dLocal Sees Promise in Brazil as Payment Volumes Jump
August 16, 2023  |  Earnings

For payments services provider dLocal, Brazil represents the past and the future. “As you know, Brazil is where we started, seven years ago,” Maria Oldham, the company’s...

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Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
August 16, 2023  |  Restaurant innovation

With Chili’s seeing its customers pull back amid continued restaurant inflation, the chain is taking its virtual brand into the physical world to draw customers into stores....

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Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
Home Depot: Consumers May Not Be Spending Big, but They’re Still Remodeling 
August 16, 2023  |  Earnings

Rising interest rates mean increased borrowing costs. For potential homebuyers, this translates to decreased purchasing power, effectively putting the brakes on their homeownership aspirations. The...

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Paysafe Platform Cross-Selling and eCommerce Boost Q2 Revenue by 6% YoY
Paysafe Platform Cross-Selling and eCommerce Boost Q2 Revenue by 6% YoY
August 15, 2023  |  Earnings

Entertainment-focused payment platform Paysafe posted second-quarter earnings on Tuesday (Aug. 15), driven by its Merchant Solutions segment and growth from eCommerce led by the iGaming industry in North America....

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GoTo Cuts Losses by 56% and Eyes Profitability
GoTo Cuts Losses by 56% and Eyes Profitability
August 15, 2023  |  Earnings

Indonesian tech giant GoTo Group slashed its losses by more than half. The company — whose offerings include eCommerce, financial services and ridesharing — said its losses...

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Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
August 14, 2023  |  Earnings

Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. We’ll see financial results from Target Wednesday (Aug. 16)...

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CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
August 11, 2023  |  Earnings

Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz....

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Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
August 11, 2023  |  Earnings

Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net...

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