Earnings

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

Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
January 10, 2023  |  Retail

Consumer demand for casualization, comfort, sustainability and personalization is driving growth at Crocs. The casual footwear company expects year-over-year revenue growth of 53% in 2022...

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Lululemon Warns of Margin Pressures Amid High Costs and Slowing Spending
Lululemon Warns of Margin Pressures Amid High Costs and Slowing Spending
January 09, 2023  |  Retail

Lululemon Athletica is seeing lower margins but higher revenue and earnings. The athletic apparel, footwear and accessories company has raised its revenue and earnings expectations...

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Goldman to Report $2B Loss in Credit Card, Installment Businesses
Goldman to Report $2B Loss in Credit Card, Installment Businesses
January 08, 2023  |  Earnings

Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. The loss in its credit card and installment-lending business Platform...

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Bed Bath & Beyond Faces Potential Bankruptcy Filing
Bed Bath & Beyond Faces Potential Bankruptcy Filing
January 05, 2023  |  Retail

In the face of ongoing challenges, Bed Bath & Beyond said Thursday that it is exploring bankruptcy and other strategic alternatives. In a report Thursday (Jan. 5)...

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CarMax Stock Skids in Q3 as Used Car Sales Sputter
CarMax Stock Skids in Q3 as Used Car Sales Sputter
December 22, 2022  |  Retail

An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation’s largest...

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Nike Stock Soars as Record Membership Drives 34% Spike in Digital Sales
Nike Stock Soars as Record Membership Drives 34% Spike in Digital Sales
December 21, 2022  |  Retail

Nike stock soared after strong demand for its products allowed it to do something few other brands can: charge full price. At the same, the...

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FedEx CEO Accelerates Cost Cutting as Package Volume Drops 
FedEx CEO Accelerates Cost Cutting as Package Volume Drops 
December 20, 2022  |  Delivery

FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops.  “The declining demand trends we saw at the end of...

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General Mills Sees Shift to Grocery Amid High Food Prices
General Mills Sees Shift to Grocery Amid High Food Prices
December 20, 2022  |  Economy

General Mills is noticing that, with high food prices, consumers are eating more at home. On a call with analysts Tuesday (Dec. 20) accompanying the...

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Nike Tries to Outrun Snags With D2C and Concept Retail
Nike Tries to Outrun Snags With D2C and Concept Retail
December 19, 2022  |  Retail

Nike shoes are running hard as the famed footwear brand hustles to reverse a 2022 slide. As the Oregon-based athletic footwear, apparel and equipment maker...

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