Earnings

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

Peloton Readies for Rebrand and App Relaunch as Fitness Gear Treads New Channels
Peloton Readies for Rebrand and App Relaunch as Fitness Gear Treads New Channels
May 04, 2023  |  Fitness

Peloton is gearing up for a rebrand as the company continues enlarging its view of who its customers are and how they prefer to exercise,...

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Shopify’s Sale of Logistics Ops Signals Return to eCommerce as ‘Main Quest’
Shopify’s Sale of Logistics Ops Signals Return to eCommerce as ‘Main Quest’
May 04, 2023  |  eCommerce

For Shopify, the shift is back to basics — a focus on eCommerce — and relying more fully on partners to get the goods to...

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Etsy Wants Shoppers to Shop With Them Every Day, Not Once in a While 
Etsy Wants Shoppers to Shop With Them Every Day, Not Once in a While 
May 04, 2023  |  eCommerce

Etsy, originally a niche platform for handmade and vintage items, is seeking to broaden its appeal beyond its specialized offerings. The company is now focused...

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Macro Pressures Flatten Upwork Volumes as Larger Clients Face Budget Constraints
Macro Pressures Flatten Upwork Volumes as Larger Clients Face Budget Constraints
May 03, 2023  |  Earnings

Upwork’s first quarter results show macro pressures coming to bear on the gig economy, while management laid out plans to reduce costs — and pointed...

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MercadoLibre Sees Growth in Commerce and Financial Services in Latin America
MercadoLibre Sees Growth in Commerce and Financial Services in Latin America
May 03, 2023  |  eCommerce

MercadoLibre says it’s taking advantage of growth opportunities in Latin America. The Latin American eCommerce giant saw its net revenues rise 58% year over year...

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Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Expects Generative AI to Improve Business Processes and Profits
May 03, 2023  |  artificial intelligence

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation...

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CVS Health Says 50 Million Digital Customers Spend 2.4X More Than In-Store Shoppers
CVS Health Says 50 Million Digital Customers Spend 2.4X More Than In-Store Shoppers
May 03, 2023  |  Earnings

CVS Health is progressing in creating a more robust omnichannel offering, ending the first quarter of 2023 by completing important strategic acquisitions and streamlining its growing...

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Taco Bell’s Tech Investments Yield 60% Digital Sales Boost 
Taco Bell’s Tech Investments Yield 60% Digital Sales Boost 
May 03, 2023  |  Earnings

As restaurant brands look to drive digital adoption, Taco Bell has seen a major boost from investing in its ordering channels. Yum Brands, the parent...

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Simon Property Group’s Strong Start to 2023 Suggests Malls Are Here to Stay 
Simon Property Group’s Strong Start to 2023 Suggests Malls Are Here to Stay 
May 03, 2023  |  Retail

Simon Property Group (SPG), the largest shopping center manager and developer in the United States, has had a favorable start to the year, as indicated...

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