Earnings

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

Dutch Bros, Starbucks Report Drive-Thru Gains While McDonald’s Sees Weakness
Dutch Bros, Starbucks Report Drive-Thru Gains While McDonald’s Sees Weakness
November 10, 2022  |  ResTech

Across the restaurant industry, brands including Dutch Bros and Starbucks are seeing their drive-thru sales increase, with the stark exception of quick-service restaurant (QSR) giant...

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Coupang Builds Momentum With ‘Milestone’ Q3 Profit
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
November 10, 2022  |  Retail

South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. “We achieved another...

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Cross-Brand Data-Sharing Reduces Restaurant Payment Friction
Cross-Brand Data-Sharing Reduces Restaurant Payment Friction
November 09, 2022  |  ResTech

Restaurant technology company Olo is aiming to improve the payment process and sales by allowing customers to use saved information across brands through its “new...

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Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
November 09, 2022  |  Retail

Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. In a presentation to analysts Wednesday (Nov. 9) accompanying...

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Allbirds Gets Lift From New Physical Stores as Headwinds Persist
Allbirds Gets Lift From New Physical Stores as Headwinds Persist
November 09, 2022  |  Retail

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds saw a lift in its most recent quarter as the addition of a record number of physical stores...

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RealReal Overhauls Consignment Structure in Quest for Profitability
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022  |  Retail

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge...

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Inflation Stokes Recession Fears While Slamming Retail Earnings
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022  |  Retail

In some ways, the current inflation-recession prediction cycle is reminiscent of the guessing game of 2020, in which consumers and businesses spent loads of mental...

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Wolverine Reports Supply Chain Problems Slowing Footwear Sales
Wolverine Reports Supply Chain Problems Slowing Footwear Sales
November 09, 2022  |  Retail

With continuing supply chain challenges affecting both the brand and its wholesale customers, footwear manufacturer Wolverine Worldwide reported Wednesday (Nov. 9) that both revenue and...

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TikTok Cuts Revenue Goal as Social Media Ad Spend Falls
TikTok Cuts Revenue Goal as Social Media Ad Spend Falls
November 09, 2022  |  Social Commerce

Social media platform TikTok has reduced its revenue target for the year by as much as $2 billion amid flagging advertising and eCommerce sales. The...

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