Earnings

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

CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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Report: Burberry’s Markdowns Hurt Its Luxury Image
Report: Burberry’s Markdowns Hurt Its Luxury Image
September 30, 2022  |  Retail

United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as...

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Nike Promises ‘Decisive Action’ on Inventory, More Investment in D2C
Nike Promises ‘Decisive Action’ on Inventory, More Investment in D2C
September 30, 2022  |  Retail

“We face a new degree of complexity,” Nike CFO Matthew Friend told analysts Thursday, in the wake of the athletic shoe, apparel and equipment maker’s...

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Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
September 29, 2022  |  eCommerce

Against the backdrop of Europe’s deepening energy crisis, a weak Polish currency, Złoty, and ongoing conflict in neighboring Ukraine, the Polish retail sector has remained...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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Bed Bath & Beyond Adds App, Registry, Rewards to Turnaround Efforts
Bed Bath & Beyond Adds App, Registry, Rewards to Turnaround Efforts
September 29, 2022  |  Retail

A new app, a baby registry and a rewards program are among the latest services announced or introduced by Bed Bath & Beyond in its...

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Lego Pursues Digital Initiatives to Keep Its Sales Growing
Lego Pursues Digital Initiatives to Keep Its Sales Growing
September 28, 2022  |  Retail

The Lego Group reported strong sales in the first half of the year and announced several initiatives — many of them digital — that aim...

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FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume
FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume
September 23, 2022  |  Earnings

FedEx is cutting costs and raising prices after a quarter in which its global package and freight volume dropped 11% year over year, the company...

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Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022  |  Retail

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality...

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