Earnings

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

McDonald’s Touts Two-Thirds Engagement Rate Among Loyalty Members
McDonald’s Touts Two-Thirds Engagement Rate Among Loyalty Members
October 27, 2022  |  Loyalty & Rewards

On a call discussing McDonald’s third-quarter 2022 financial results Thursday (Oct. 27), CFO Ian Borden noted that, following the MyMcDonald’s Rewards U.S. launch last year, digital customer frequency has been on...

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Report: Macroeconomic Slowdown Expected to Reduce Payments Growth
Report: Macroeconomic Slowdown Expected to Reduce Payments Growth
October 27, 2022  |  B2B Payments

Macroeconomic headwinds reportedly may begin weighing on the B2B payments sector. For example, B2B payments technology and services provider Fleetcor Technologies faces the primary challenge...

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North Face Parent VF Corp Sees Elevated Inventories and Cautious Spending
North Face Parent VF Corp Sees Elevated Inventories and Cautious Spending
October 27, 2022  |  Retail

With an arsenal of a dozen brands and D2C websites, a vast wholesale business and 1,300 of its own physical stores, VF Corporation has a...

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AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
October 27, 2022  |  Retail

Retail sales of both new and used vehicles remain below historical levels due to inventory constraints, executives of automotive retailer AutoNation reported Thursday (Oct. 27)...

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LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
October 26, 2022  |  Banking

LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: The...

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Shoe Brands Compete for Digital Sales as D2C Volumes Grow
Shoe Brands Compete for Digital Sales as D2C Volumes Grow
October 26, 2022  |  eCommerce

Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C)...

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Mattel CEO Says Toy Biz Is Defensive but Expects Late Shopping Surge
Mattel CEO Says Toy Biz Is Defensive but Expects Late Shopping Surge
October 26, 2022  |  Retail

While acknowledging the broader economic obstacles facing his company along with others, Mattel’s CEO says he’s counting on demand for toys for the holidays. “While...

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Google Will Pay YouTube Creators in Bid to Crash TikTok’s Party 
Google Will Pay YouTube Creators in Bid to Crash TikTok’s Party 
October 26, 2022  |  Google

Calling it “a big deal” for creators, Google parent Alphabet said Tuesday it will pay top creative talent to post videos on its new YouTube...

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Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
October 25, 2022  |  Earnings

Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct —...

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