Earnings

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

Fast-Fashion Giant H&M’s Sales Reflect New Competition
Fast-Fashion Giant H&M’s Sales Reflect New Competition
December 15, 2022  |  Retail

H&M’s struggles continued this week with sales figures suggesting increased pressure from fast-fashion rivals. The Swedish retailer said Thursday (Dec. 15) that net sales for...

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Inditex Focuses on Sustainability in Crowded Fast Fashion Space
Inditex Focuses on Sustainability in Crowded Fast Fashion Space
December 14, 2022  |  Retail

With sales continuing to climb, Zara-owner and fast-fashion giant Inditex is focusing on sustainability. The retailer said Wednesday (Dec. 14) that it saw sales climb...

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Lululemon Looks to Memberships and Perks to Drive D2C Engagement
Lululemon Looks to Memberships and Perks to Drive D2C Engagement
December 09, 2022  |  Retail

Athletic wear brands looking to win consumers’ direct digital loyalty are turning to membership models. Athleisure retailer Lululemon shared Thursday (Dec. 8) in its third...

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Costco Still Betting on Low-Priced Food Despite Softening Sales
Costco Still Betting on Low-Priced Food Despite Softening Sales
December 09, 2022  |  Earnings

Costco continues to lean on low-priced food options to attract shoppers even as performance lags. The bulk discount retailer shared on a call with analysts...

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Chewy Says Pet Owners Want Convenient Delivery of Essential Items
Chewy Says Pet Owners Want Convenient Delivery of Essential Items
December 09, 2022  |  Retail

Pet owners are paring back on nonessentials but boosting their purchases of the basics. Online pet product supplier Chewy reported Thursday (Dec. 8) that its...

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Black Friday Marked ‘Biggest Day Ever’ for Lululemon’s Revenue
Black Friday Marked ‘Biggest Day Ever’ for Lululemon’s Revenue
December 09, 2022  |  Retail

Athleisure retailer Lululemon Athletica reported earnings on Thursday with a positive look at its eCommerce expansion. The company’s results for the third quarter 2022 were...

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Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
Costco’s Record Black Friday Not Enough to Stem eCommerce Slump 
December 09, 2022  |  Retail

Costco’s strong membership and renewals were not enough to offset a slump in digital sales. According to Costco CFO Richard Galanti, while the retailer’s 847...

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GameStop CEO: ‘Brink of Bankruptcy’ Turnaround Near Completion
GameStop CEO: ‘Brink of Bankruptcy’ Turnaround Near Completion
December 08, 2022  |  Retail

GameStop’s CEO says the ailing retail chain is on the cusp of an unprecedented turnaround. While investors who saw the company post back-to-back sales declines...

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Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
December 08, 2022  |  Retail

Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. The company said its revenue for the quarter rose 31% year-over-year,...

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