Earnings

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

Overstock Hopes Mobile App and Seach Upgrades Can Revive Revenues
Overstock Hopes Mobile App and Seach Upgrades Can Revive Revenues
February 22, 2023  |  Retail

Overstock.com’s refocus on selling home-only merchandise is not without its costs. This, as the Utah-based direct-to-consumer (D2C) retailer reported sharp declines in both its fourth...

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With 1B Users as Goal, Coinbase CEO Turns 2023 Focus to Regulation
With 1B Users as Goal, Coinbase CEO Turns 2023 Focus to Regulation
February 21, 2023  |  Earnings

Coinbase is focused on controlling what can be controlled and contingency planning for what can’t. This, as a year full of idiosyncratic events, battered the crypto...

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Consumers Trade Down to Beer as Booze Prices Rise
Consumers Trade Down to Beer as Booze Prices Rise
February 21, 2023  |  Earnings

Molson Coors is seeing consumers rethink their alcoholic beverage spending in the face of inflation. The beverage giant, parent company of a wide range of...

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HSBC Profits Jump 90% as Interest Rates Rise
HSBC Profits Jump 90% as Interest Rates Rise
February 21, 2023  |  Earnings

Banking giant HSBC is hopeful the interest rates that led to a huge jump in profits will last into this year. The London-based bank reported...

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Sam’s Club Prepared Foods Sales Rise as Consumers Seek Convenience
Sam’s Club Prepared Foods Sales Rise as Consumers Seek Convenience
February 21, 2023  |  Earnings

As consumers look for affordable alternatives to restaurants, grocers’ prepared food sales are growing. Walmart announced Tuesday (Feb. 21) in its fourth-quarter earnings presentation that...

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Home Depot CEO Says Contractor Spend Remains Strongest Business Line
Home Depot CEO Says Contractor Spend Remains Strongest Business Line
February 21, 2023  |  Earnings

For the first time since 2019 The Home Depot missed Wall Street’s revenue expectations. This, as the home improvement retailer provided a muted outlook to...

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Walmart Sees 17% Hike in eCommerce in Q4
Walmart Sees 17% Hike in eCommerce in Q4
February 21, 2023  |  Retail

Coming off its first-ever $600 billion year of sales, Walmart told investors Tuesday (Feb. 21) that even though economic concerns continue to cloud the future,...

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Dilliard’s Reports Sales Growth Following Weaker Holiday Season
Dilliard’s Reports Sales Growth Following Weaker Holiday Season
February 21, 2023  |  Retail

Dilliard’s has reported sales growth after suffering the same holiday downturn as other department stores. The 85-year-old retailer released earnings figures Tuesday (Feb. 21) that...

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Investors Bet on DraftKings as 28% Rally Leads CE 100 Higher 
Investors Bet on DraftKings as 28% Rally Leads CE 100 Higher 
February 20, 2023  |  Stock Index

Leisure and travel names showed serious stock market gains this past week.  The CE 100 Index gained 2% last week — driven by the “Have...

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