Earnings

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

Alphabet Sees Google as ‘Core Part’ of Everyday Commerce
Alphabet Sees Google as ‘Core Part’ of Everyday Commerce
February 02, 2023  |  Google

Digital advertising headwinds have hit Alphabet — but the firm sees potential in cementing Google’s place in everyday commerce. Advertising revenue for the fourth quarter...

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Starbucks Rewards Members Grow 15% in Q4 but Controversial Changes Loom
Starbucks Rewards Members Grow 15% in Q4 but Controversial Changes Loom
February 02, 2023  |  Loyalty & Rewards

Starbucks continues to grow its loyalty base, but upcoming unwelcome alterations could change that. The coffeehouse chain, the world’s largest restaurant company by revenue, shared...

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Santander Prepares for Rising Defaults as BoE Raises Interest Rate
Santander Prepares for Rising Defaults as BoE Raises Interest Rate
February 02, 2023  |  Banking

Santander UK has warned that macroeconomic challenges in the United Kingdom could impact credit quality. In its 2022 results announced on Thursday (Feb. 2), Santander...

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Estée Lauder Q2 Reflects China Headwinds vs ‘Renaissance of Occasions’
Estée Lauder Q2 Reflects China Headwinds vs ‘Renaissance of Occasions’
February 02, 2023  |  Retail

A return to physical retail helped Estée Lauder reduce losses in its fiscal second quarter as the company talked up a “renaissance in usage occasions”...

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Hershey Says Consumers See Chocolate as Affordable Luxury
Hershey Says Consumers See Chocolate as Affordable Luxury
February 02, 2023  |  Earnings

As consumers cut unnecessary food purchases, chocolate still makes the grade, thanks to comfort eating. On a call with analysts Thursday (Feb. 2) discussing the...

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e.l.f. Beauty: Value-Oriented Products Grow Alongside Prestige Offerings
e.l.f. Beauty: Value-Oriented Products Grow Alongside Prestige Offerings
February 02, 2023  |  Retail

Offering the right value proposition is drawing consumers to beauty products, according to e.l.f. Beauty. The brand reported in a Wednesday (Feb. 1) earnings release...

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Hanes, Champion Brands Slump as Retailers Don’t Replenish Inventory
Hanes, Champion Brands Slump as Retailers Don’t Replenish Inventory
February 02, 2023  |  Retail

HanesBrands says retailers’ decisions to reduce inventories has led to a slump in sales. The apparel maker reported quarterly earnings Thursday (Feb. 2) showing that...

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Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
Meta Sees Promise in Monetizing Apps With Shop Ads, Click to Message
February 01, 2023  |  Meta

With Meta’s battered stock doubling in the past 3 months, it’s not all about the money-losing metaverse anymore. This, as shares of Meta Platforms jumped...

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Meta Is Losing Over $1B a Month on Metaverse Strategy
Meta Is Losing Over $1B a Month on Metaverse Strategy
February 01, 2023  |  Meta

Mark Zuckerberg’s expensive pivot toward building a virtual world continues to be just that — expensive. “None of the signals I see in today’s environment...

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