Earnings

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

Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
May 19, 2023  |  Earnings

Grab’s earnings results show that more consumers are coming to the platform to transact, more drivers are coming to the platform to earn, and engagement beyond ride-hailing...

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Even Discount Retail CEOs Say Shoppers Are Pulling Back   
Even Discount Retail CEOs Say Shoppers Are Pulling Back   
May 19, 2023  |  Retail

Amid inflation, shoppers are actively seeking out affordable options. This trend has prompted consumers to search for merchants whose prices are in line with their...

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Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
May 18, 2023  |  Earnings

For Walmart, fiscal first-quarter earnings got a lift as consumers flocked to the commerce giant to stock the fridge — and pivoted to less-expensive, private-label goods. The retailer said in...

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Target Faces Profit Losses, Rethinks In-Store Operations Amid Rising Retail Crime 
Target Faces Profit Losses, Rethinks In-Store Operations Amid Rising Retail Crime 
May 18, 2023  |  Earnings

Big box retailer Target has become a focal point for significant theft incidents, which has left a considerable dent in its profits.  Consequently, the retailer,...

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Grocery Spend in Focus as Walmart Earnings Loom
Grocery Spend in Focus as Walmart Earnings Loom
May 17, 2023  |  Walmart

No matter the economic climate, no matter where interest rates stand — everyone’s got to eat. For the online retailing and eCommerce behemoths, earnings season...

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Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
May 16, 2023  |  Earnings

Payments platform Paysafe saw a revenue boost due to a rise in digital wallet use. “We kicked off 2023 by delivering our strongest quarterly revenue since going...

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Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
May 16, 2023  |  Earnings

The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its...

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Home Depot’s Sales Fall as Consumers Hold Off on Renovations
Home Depot’s Sales Fall as Consumers Hold Off on Renovations
May 16, 2023  |  Retail

The Home Depot missed Wall Street revenue expectations for the second quarter in a row. The home improvement retailer on Tuesday (May 16) reported earnings...

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Sezzle Marks 3rd Straight Profitable Quarter as BNPL Volumes Grow
Sezzle Marks 3rd Straight Profitable Quarter as BNPL Volumes Grow
May 16, 2023  |  BNPL

Sezzle saw its volumes increase in its most recent quarter, while seeing continued profitability. The buy now, pay later (BNPL) firm announced earnings Monday (May...

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