Earnings

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

Wayfair Aims to Cut Costs by $500M After Drops in Customers and Orders
Wayfair Aims to Cut Costs by $500M After Drops in Customers and Orders
November 03, 2022  |  Retail

After a quarter in which its revenue, active customers and orders dropped, home goods platform Wayfair is working to reduce costs by a half-billion dollars...

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Crocs Sees ‘Hey Dude’ Brand Hitting $1B in ’23
Crocs Sees ‘Hey Dude’ Brand Hitting $1B in ’23
November 03, 2022  |  Retail

Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line...

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Etsy Upgrades Search to Free Buyers From ‘Tyranny of Choice’
Etsy Upgrades Search to Free Buyers From ‘Tyranny of Choice’
November 03, 2022  |  Retail

Etsy has been investing in upgrades to its search functions to relieve its customers of what CEO Josh Silverman calls “our tyranny of choice.” Speaking...

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Booking.com’s In-House Payments Service Processes 40% of Sales
Booking.com’s In-House Payments Service Processes 40% of Sales
November 02, 2022  |  Earnings

Macroeconomic headwinds did little to slow the airspeed of Booking.com and its portfolio of brands as the largest online travel agency (OTA) saw a return...

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Major Restaurant Brands Grapple With Reliance on Aggregators
Major Restaurant Brands Grapple With Reliance on Aggregators
November 02, 2022  |  Restaurant innovation

While the best-case scenario for restaurants might involve all of their sales coming through their own direct ordering channels, ongoing labor challenges often make it...

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CVS Adds 11M Digital Customers in Push for Omnichannel Engagement
CVS Adds 11M Digital Customers in Push for Omnichannel Engagement
November 02, 2022  |  Healthcare

CVS Health said Wednesday (Nov. 2) that investments in its digital platforms aimed at driving omnichannel engagement appear to be paying off, as its online...

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Estee Lauder Feels Bite From Reduced Retail Inventory
Estee Lauder Feels Bite From Reduced Retail Inventory
November 02, 2022  |  Retail

Cosmetics giant Estee Lauder said Wednesday (Nov. 2) a reduction in the level of makeup, skin and hair care products that retailers are willing to...

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CVS Revamps Online Rx Ordering Tools to Add New Digital Subscribers
CVS Revamps Online Rx Ordering Tools to Add New Digital Subscribers
November 02, 2022  |  Retail

While reporting the company’s earnings Wednesday (Nov. 2), CVS CEO Karen Lynch noted that this year has also been important for expanding its digital presence....

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Airbnb Says Travelers Want Real Experiences but New Hosts Need Extra Income
Airbnb Says Travelers Want Real Experiences but New Hosts Need Extra Income
November 02, 2022  |  Travel Payments

The world’s largest homesharing platform says economic concerns and conditions are fueling growth in both travelers and hosts, albeit for different reasons. Speaking to investors...

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