Earnings

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

SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

SoFi’s earnings results showed a growing embrace of the company’s platform approach that brings savings, lending and spending together in a continuum of financial activity. Earnings presentation materials and...

READ MORE >
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand to Grow Sales
What’s in a Name? Overstock CEO’s $21.5M Bet on the Power of an Iconic Brand...
July 31, 2023  |  Retail

In March 2023, Arthur Stark, the former president of Bed Bath & Beyond (BBBY), discussed the company’s revival of its coupon strategy called the “big blue” approach....

READ MORE >
Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
Procter & Gamble Says Consumers Not Trading Down Despite Higher Prices
July 28, 2023  |  Earnings

Consumers are generally not trading down to generic brands of everyday items, despite rising prices. Procter & Gamble — the maker of brands like Crest, Tide and Pampers — said Friday...

READ MORE >
This Week in Payments: Card Networks Strong, Crypto Regs in Focus, Shopify Helps SMBs
This Week in Payments: Card Networks Strong, Crypto Regs in Focus, Shopify Helps SMBs
July 28, 2023  |  Payment Methods

This week in payments, Mastercard and Visa both posted strong numbers in the quarter that just ended, cryptocurrency regulation is poised to take a major...

READ MORE >
Zuckerberg Sees Three AI Categories Driving Meta’s Growth 
Zuckerberg Sees Three AI Categories Driving Meta’s Growth 
July 27, 2023  |  Meta

Meta’s investments in tomorrow are running up tens of billions in losses today. But while the tech giant’s Reality Labs segment, responsible for the metaverse...

READ MORE >
Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
July 27, 2023  |  Earnings

For a long time, candy brands maintained that chocolate was an affordable luxury, one that consumers would continue to spring for even as prices rose,...

READ MORE >
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

READ MORE >
McDonald’s Isn’t Grimacing at Its Social Media Sales Boost
McDonald’s Isn’t Grimacing at Its Social Media Sales Boost
July 27, 2023  |  Restaurant innovation

McDonald’s is leveraging social media to bring younger consumers into the fold, following on the success of its “Grimace’s Birthday” push with more digital events. The...

READ MORE >
Mattel CEO Teases More ‘Barbie’ Content
Mattel CEO Teases More ‘Barbie’ Content
July 27, 2023  |  Earnings

At this point, everyone is seeing Barbie pink, whether you like it or not. And that’s a vision toymaker Mattel has ambitious plans to sustain.  ...

READ MORE >