Earnings

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

Delta Air Lines Revenue Soars as Consumers Still Feel Travel Bug
Delta Air Lines Revenue Soars as Consumers Still Feel Travel Bug
July 13, 2023  |  Earnings

Inflation hasn’t kept consumers from traveling if Delta’s earnings are any indication. The airline had the highest quarterly profit and revenue in its history, as concerns...

READ MORE >
PepsiCo: Grocery Shoppers Switch Merchants to Remain Loyal to Products
PepsiCo: Grocery Shoppers Switch Merchants to Remain Loyal to Products
July 13, 2023  |  Earnings

PepsiCo is seeing consumers comparison shop between different grocery merchants to find the lowest prices on their favorite brands’ products. “We’ve been able to raise prices,...

READ MORE >
Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
July 12, 2023  |  Earnings

It’s the middle of July, almost. And thus: Earnings season begins in earnest. As usual, a slew of big banks will kick things off, beginning...

READ MORE >
Consumers Skip Nightclubs and Sports Bars Despite Improving Finances
Consumers Skip Nightclubs and Sports Bars Despite Improving Finances
July 11, 2023  |  Earnings

As RCI Hospitality Holdings sees sales at its gentlemen’s clubs and restaurants falter, it seems consumers’ years of pent-up demand have finally given way to...

READ MORE >
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
June 29, 2023  |  Retail

While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on...

READ MORE >
Rite Aid Rides Ozempic Wave but Fails to Profit  
Rite Aid Rides Ozempic Wave but Fails to Profit  
June 29, 2023  |  Retail

During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.  Pharmacy sales...

READ MORE >
Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
Private Label Trade-Down Slows as Grocery Inflation Decelerates, McCormick Says
June 29, 2023  |  Earnings

As year-over-year grocery inflation normalizes, lapping last year’s spikes, consumers continue to cut back where possible, spices and seasonings giant McCormick observes, but many grocery...

READ MORE >
General Mills’ eCommerce Personalization Drives 24% US Digital Sales Bump
General Mills’ eCommerce Personalization Drives 24% US Digital Sales Bump
June 28, 2023  |  Earnings

As grocery brands and retailers alike look to improve their data capabilities to drive digital sales, General Mills has made eCommerce gains by improving its...

READ MORE >
Walgreens Attributes Disappointing Results to Cautious Consumer Behavior 
Walgreens Attributes Disappointing Results to Cautious Consumer Behavior 
June 28, 2023  |  Retail

The story of the cautious consumer continues as Walgreens reflects on its latest quarterly earnings.   On Tuesday (June 27), after the company issued a warning...

READ MORE >