Earnings

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

Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions
Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions
August 29, 2024  |  Retail

For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges in the home theater, gaming and appliances categories, Barry is steering...

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Nvidia Faces Growth Slowdown Despite Strong Q2 AI Demand
Nvidia Faces Growth Slowdown Despite Strong Q2 AI Demand
August 29, 2024  |  Artificial Intelligence

Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled by artificial intelligence chip demand, yet a deceleration in growth that...

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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Foot Locker’s Strategic Overhaul Shows Early Success in Q2
Foot Locker’s Strategic Overhaul Shows Early Success in Q2
August 28, 2024  |  Retail

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives...

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Chewy Sees Promise in Vet Clinics and Payoff From App Investments
Chewy Sees Promise in Vet Clinics and Payoff From App Investments
August 28, 2024  |  Earnings

Chewy said its investment in veterinary clinics is helping it attract new customers. The online pet product retailer released quarterly earnings Wednesday (Aug. 28) showing...

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Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024  |  Retail

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said...

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nCino: International Banks Lag U.S. Peers in Digital Transformation
nCino: International Banks Lag U.S. Peers in Digital Transformation
August 27, 2024  |  Digital-First Banking

Digital transformation can come even to industries where change happens slowly. As the financial services industry grapples with the rapid pace of digital transformation, cloud...

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Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
August 27, 2024  |  IPO

Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s...

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Zip CEO: US Shoppers’ In-Store Card Usage Surges Nearly 150%
Zip CEO: US Shoppers’ In-Store Card Usage Surges Nearly 150%
August 27, 2024  |  Buy Now Pay Later

U.S. retail customers are adopting buy now, pay later (BNPL) options for in-store transactions, according to Zip. On a call with analysts Monday (Aug. 26)...

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