Earnings

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

Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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Best Buy Reports Consumer Caution as Comparable Sales Drop 10%
Best Buy Reports Consumer Caution as Comparable Sales Drop 10%
May 25, 2023  |  Earnings

Best Buy sees a continuing trend of consumers feeling cautious due to the current economic environment. The consumer electronics retailer noted this trend while reporting...

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Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’
May 25, 2023  |  Earnings

Dollar Tree is apparently not immune to the shrinkage issue plaguing other retailers. The discount store chain released earnings results Thursday (May 25) showing an increase in sales,...

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Petco Gets Paws Deep on Pet Essentials 
Petco Gets Paws Deep on Pet Essentials 
May 25, 2023  |  Retail

Whatever humans need, pets need. That’s the mindset Petco seems to understand when it comes to the pet parent that shops with the specialty retailer....

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Urban Outfitters Gets Too Lean on Inventory  
Urban Outfitters Gets Too Lean on Inventory  
May 25, 2023  |  Retail

Urban Outfitters put itself on a crash diet that might have gone too far.  As a result of inflation and the unpredictable nature of consumer...

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Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
May 24, 2023  |  Earnings

Showing the enduring strength of the in-store experience, Kohl’s reported an improvement in its first-quarter performance compared to last year and plans to further enhance...

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Lowe’s Digital and Omnichannel Upgrades Shine Amid 4.3% Decreased Sales
Lowe’s Digital and Omnichannel Upgrades Shine Amid 4.3% Decreased Sales
May 23, 2023  |  Earnings

Lowe’s is seeing strength in the home improvement category due to efficiencies of digital and omnichannel selling that’s become a pillar for the retailer. That’s despite...

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Walmart and Target Earnings Offer Up a Tale of Two eCommerce Platforms 
Walmart and Target Earnings Offer Up a Tale of Two eCommerce Platforms 
May 19, 2023  |  Retail

At first glance, the numbers are startling in their contrast. In their latest earnings reports, Walmart posted comparable eCommerce sales gains of 27% in its most...

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Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
May 19, 2023  |  Earnings

Foot Locker struggled in the first quarter amid wide-ranging changes to the athletic footwear and athleisure retailer’s physical footprint, brand mix, digital and omnichannel efforts....

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