Earnings

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

Home Retailer Williams-Sonoma Sees Growing Demand From B2B Customers
Home Retailer Williams-Sonoma Sees Growing Demand From B2B Customers
November 18, 2022  |  Retail

B2B customers’ demand for corporate gifting and custom merchandise services contributed to record earnings results for home retailer Williams-Sonoma, the company said Thursday (Nov. 17)...

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Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
November 18, 2022  |  Retail

Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic...

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Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
November 18, 2022  |  Retail

Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation...

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Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
November 17, 2022  |  Earnings

Achieving profitability is a recurring theme at pan-African eCommerce giant Jumia, so much so that the goal has been reiterated on numerous occasions by the...

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Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022  |  Retail

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman...

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Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022  |  Retail

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its...

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Bath & Body Works Credits ‘Newness’ for Q3 Performance
Bath & Body Works Credits ‘Newness’ for Q3 Performance
November 17, 2022  |  Retail

Bath and Body Works said a focus on “innovation and newness” helped the personal care and fragrance retailer end its most recent quarter on a...

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Starbucks Claims $181M in Revenue From Unused Gift Cards and Loyalty Credits
Starbucks Claims $181M in Revenue From Unused Gift Cards and Loyalty Credits
November 16, 2022  |  Earnings

Starbucks reportedly claimed $181 million in revenue from money on gift cards and loyalty accounts that customers didn’t spend in fiscal year 2021 — a...

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Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
November 16, 2022  |  Retail

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short...

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