Earnings

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

Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to...

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TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
November 16, 2022  |  Retail

Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. “Looking...

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Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
November 15, 2022  |  Earnings

Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that...

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Walmart Says Inventory is Down and $100K+ Shoppers Are Up
Walmart Says Inventory is Down and $100K+ Shoppers Are Up
November 15, 2022  |  Retail

The country’s largest retail chain said Tuesday that its efforts to reduce inventory were paying off thanks in part to an increase in customers seeking...

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Strong Home Improvement Demand Powers Home Depot’s Q3
Strong Home Improvement Demand Powers Home Depot’s Q3
November 15, 2022  |  Retail

Despite inflation, supply chain snags and a tight labor market, Home Depot enjoyed an increase in sales in its third quarter due to continued demand...

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thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022  |  eCommerce

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. The confluence of record industrywide...

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Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
November 11, 2022  |  Retail

It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been...

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Toast Seizes on Labor Challenges at Independent Restaurants to Drive Adoption
Toast Seizes on Labor Challenges at Independent Restaurants to Drive Adoption
November 10, 2022  |  ResTech

Restaurant technology platform Toast said the disproportionate challenges affecting independent restaurant operators provided a strong business opportunity to offer labor and productivity services to small-...

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Babylon Counts on Accessibility, Affordability Concerns to Create Broader HealthTech Appeal
Babylon Counts on Accessibility, Affordability Concerns to Create Broader HealthTech Appeal
November 10, 2022  |  Earnings

Around the world, access to quality affordable healthcare is being threatened by rising costs and the current economic downturn. As Ali Parsa, the CEO of...

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