Earnings

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

Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
April 13, 2023  |  Earnings

As inflation ate into Tesco’s profits, the grocer’s couponing efforts helped keep customers coming back. The British multinational grocery giant shared in its financial results...

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Delta Sees Strong Summer Travel Bookings Despite Broader Economic Challenges
Delta Sees Strong Summer Travel Bookings Despite Broader Economic Challenges
April 13, 2023  |  Earnings

While the travel sector overall presents a mixed outlook for 2023, consumers are booking air travel as seen in the performance of Delta Air Lines...

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Rent the Runway Sees Renewed Traction as Rentals Have a Moment
Rent the Runway Sees Renewed Traction as Rentals Have a Moment
April 13, 2023  |  Retail

Earlier this month, PYMNTS discussed the momentum behind resale as sustainability has come to the forefront for consumers. Now the rental market, while not a...

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LVMH ‘Extremely Optimistic’ on China as Luxury Sales Leap
LVMH ‘Extremely Optimistic’ on China as Luxury Sales Leap
April 13, 2023  |  Retail

Consumer desire for luxury goods in post-COVID China has meant good news for LVMH. The Louis Vuitton owner on Wednesday (April 12) reported a 17%...

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Banks That Backed First Republic Set Aside $100 Million Reserves
Banks That Backed First Republic Set Aside $100 Million Reserves
April 12, 2023  |  Banking

America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling First Republic Bank with...

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Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
April 12, 2023  |  Retail

Mid-priced apparel, accessories and footwear retailer Buckle reported a drop in sales in March. The 439-store firm’s comparable store net sales for March were down...

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CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
April 11, 2023  |  Earnings

The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation’s largest used...

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Why Retailers From Dick’s to Dollar General Are Getting Back to Their Core
Why Retailers From Dick’s to Dollar General Are Getting Back to Their Core
April 11, 2023  |  Retail

If there’s anything the past few years have taught the retail industry, it’s that the ability to respond and pivot accordingly is king, all while...

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Big Banks Earnings Projected to Show $100 Billion in Withdrawals
Big Banks Earnings Projected to Show $100 Billion in Withdrawals
April 11, 2023  |  Banking

America’s banking giants are expected to reveal a huge outflow of cash in the days ahead. As the Financial Times (FT) reported Tuesday (April 11),...

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