Earnings

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

Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
Colgate-Palmolive Sees Trade-Down Continuing as Competitors Say Otherwise
January 27, 2023  |  Earnings

As some CPG companies say private-label growth has stalled or reversed, Colgate sees its continuance. On a call with analysts Friday (Jan. 27) discussing the...

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Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
Hasbro’s Weak Holiday Sales Trigger 15% Headcount Cut
January 27, 2023  |  Retail

Hasbro is cutting 15% of its workforce after seeing a 17% year-over-year drop in revenue. The branded entertainment company will eliminate 1,000 positions worldwide this...

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Bed Bath & Beyond Reiterates Bankruptcy Warning After Loan Default
Bed Bath & Beyond Reiterates Bankruptcy Warning After Loan Default
January 26, 2023  |  Retail

Bed Bath & Beyond said Thursday (Jan. 26) that it defaulted on a loan and has doubts about its resilience as an ongoing concern. The...

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Visa Q1 Led by Travel Surge and 20% New Payment Volume
Visa Q1 Led by Travel Surge and 20% New Payment Volume
January 26, 2023  |  VISA

Visa reported fiscal first quarter results that showed continued strides in new payment flows, including Visa Direct and contactless payments. Payments volume for the three...

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D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
D2C Wine Sales Fall as Consumers Seek Convenient on-the-Go Drinks
January 26, 2023  |  Earnings

Alcoholic beverage drinkers increasingly expect quick, easy options but are not necessarily seeking order-in-advance convenience. Global spirits and beer giant Diageo, which has a presence...

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LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
January 26, 2023  |  Earnings

The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. So said LVMH Chairman and CEO Bernard...

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Mastercard Says Q4 Spending Lifted by Travel Rebound but Slowdown Looms
Mastercard Says Q4 Spending Lifted by Travel Rebound but Slowdown Looms
January 26, 2023  |  Mastercard

Slower volume growth is in the cards, but consumers are still spending. Mastercard’s latest earnings results show at least some nod to economic uncertainty that...

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McCormick Sees Private-Label Trend Reversing as Inflation Slows
McCormick Sees Private-Label Trend Reversing as Inflation Slows
January 26, 2023  |  Earnings

After months of trade-down to private-label groceries, McCormick said shoppers are returning to name brands. The spices and flavorings giant, which brings in more than...

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Levi Strauss Earnings Reflect Focus on Digital and New Concept Stores
Levi Strauss Earnings Reflect Focus on Digital and New Concept Stores
January 26, 2023  |  Retail

Denim may never go out of style but how and where we buy out is a process in flux. As evidenced by the world’s leading...

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