Earnings

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

Procter & Gamble Sees No Shift in Consumers’ Private Label Trade-Down
Procter & Gamble Sees No Shift in Consumers’ Private Label Trade-Down
January 19, 2023  |  Retail

Consumer packaged goods giant Procter & Gamble said it has no plans to change strategy as it continues to work through a difficult cost and...

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Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
January 19, 2023  |  Earnings

Super-regional bank Truist’s latest results show a digital transformation that rivals the largest national FIs. Coming off a year where Truist— formed from the 2019...

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Warm Weather and Warehouse Issues Stomp on Doc Martens’ Profits
Warm Weather and Warehouse Issues Stomp on Doc Martens’ Profits
January 19, 2023  |  Retail

Bootmaker Dr. Martens is blaming balmy weather and warehouse troubles for declining profits. In a trading update Thursday (Jan. 19), CEO Kenny Wilson said that while demand for the...

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United CEO Says Airline Industry Short on People, Planes and Planning
United CEO Says Airline Industry Short on People, Planes and Planning
January 18, 2023  |  Transportation

Despite a better-than-expected year-end 2022 performance, United Airlines sees structural changes to the industry remaking air travel. On its fourth-quarter 2022 earnings call Wednesday (Jan....

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Grubhub Parent Focused on Profitability Amid Slump in Orders and Spending
Grubhub Parent Focused on Profitability Amid Slump in Orders and Spending
January 18, 2023  |  Aggregators

With aggregators increasingly operating at a profit, those that are not may get left behind. In the past couple of quarters, Just Eat Takeaway.com has...

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Cazoo Targets Higher Margins as Used Car Market Shrinks
Cazoo Targets Higher Margins as Used Car Market Shrinks
January 18, 2023  |  Earnings

Cazoo has revealed plans to shake up its U.K. business. In a Wednesday (Jan. 18) earnings statement, the online auto seller announced a revised strategic...

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Goldman Grows Installment and Card Loans but Charge-Offs Soar
Goldman Grows Installment and Card Loans but Charge-Offs Soar
January 17, 2023  |  Earnings

Goldman Sach’s struggles in consumer lending and cards were telegraphed – but now they are etched in stone. As reported on Tuesday (Jan. 17), and...

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Silvergate Reports $1B Loss After Crypto’s ‘Transformational Shift’
Silvergate Reports $1B Loss After Crypto’s ‘Transformational Shift’
January 17, 2023  |  Cryptocurrency

Crypto-centric bank Silvergate says the industry’s continued downturn led to a $1 billion quarterly loss. “During the fourth quarter of 2022, the digital asset industry...

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Recession Number One Fear Among CEOs
Recession Number One Fear Among CEOs
January 15, 2023  |  Economy

CEOs are worried about a recession and expect 2023 to offer little economic growth. That’s according to a recent survey by the Conference Board, which...

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