Earnings

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

Olive Garden Offers ‘Affordable Luxury’ for Diners Amid Inflation
Olive Garden Offers ‘Affordable Luxury’ for Diners Amid Inflation
March 23, 2023  |  Earnings

Darden Restaurants is seeing consumers continue to dine out despite cost pressures. The firm, parent company of casual dining chains Olive Garden and LongHorn Steakhouse...

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Hershey Widens Lead in Sweets Despite Competition From Private Label
Hershey Widens Lead in Sweets Despite Competition From Private Label
March 23, 2023  |  Earnings

As many food companies lose share to lower-priced competitors, Hershey candy is gaining ground. The company shared in an Investor Day presentation Wednesday (March 22),...

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Meal Kits Go to the Dogs With Petco’s Customizable Freshpet Subscriptions
Meal Kits Go to the Dogs With Petco’s Customizable Freshpet Subscriptions
March 22, 2023  |  Earnings

Petco announced upbeat fourth-quarter 2022 results on an earnings call Wednesday (March 22), led by its deep investments in pet healthcare and continuing strength in...

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Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023  |  Retail

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than...

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Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
March 22, 2023  |  Earnings

Deal chasers who are also loyal customers helped pushed closeout chain Ollie’s Bargain Outlet to a strong fiscal fourth-quarter finish after a year of battling...

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GameStop Goes From ‘Brink of Bankruptcy’ to Profits
GameStop Goes From ‘Brink of Bankruptcy’ to Profits
March 22, 2023  |  Retail

GameStop’s turnaround continued this week as the company reported its first profit in years. The video game retailer announced in a Tuesday (March 21) earnings...

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Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its...

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Seniors Tap Medicare Marketplaces to Stretch Healthcare Dollars
Seniors Tap Medicare Marketplaces to Stretch Healthcare Dollars
March 16, 2023  |  Healthcare

Amid a considerable expansion of Medicare plan choice and an increasingly complex Medicare market, online healthcare insurance marketplace GoHealth is making changes to its business...

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Inflation and Double-Digit Volume Declines Push FedEx to Realign Its Air Operations
Inflation and Double-Digit Volume Declines Push FedEx to Realign Its Air Operations
March 16, 2023  |  Delivery

In the face of macro headwinds, FedEx is pulling on the operational levers it can pull. And that involves throttling back on some operations —...

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