Earnings

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

Olive Garden Parent Keeps Delivery Off its Table
Olive Garden Parent Keeps Delivery Off its Table
September 22, 2022  |  Delivery

Darden, the parent company of a range of popular full-service restaurant (FSR) brands including Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen and others, continues to...

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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Call...

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Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
September 21, 2022  |  Retail

Faced with a drop in revenue and active users, personal styling site Stitch Fix plans to spend the new fiscal year fixing itself. Speaking to...

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AutoZone Sees ‘Lofty’ Commercial Sales Growth
AutoZone Sees ‘Lofty’ Commercial Sales Growth
September 19, 2022  |  Retail

AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Commercial sales for...

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Inditex Says Optimized Shopping Experience Boosted Sales 25%
Inditex Says Optimized Shopping Experience Boosted Sales 25%
September 14, 2022  |  Retail

Zara-parent and fast fashion giant Inditex reported that its sales in the first half of 2022 were up about 25% year over year and attributed...

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Rent the Runway Links Rising Remote Work With Declining Apparel Subscriptions
Rent the Runway Links Rising Remote Work With Declining Apparel Subscriptions
September 13, 2022  |  Retail

Rent the Runway is reducing its corporate workforce by 24% as part of a restructuring plan after a quarter in which the fashion rental and...

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Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
September 12, 2022  |  Retail

Facing weaker than expected consumer demand in Europe and North America, Swedish home appliance company Electrolux is cutting costs in both regions and launching a...

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Indian EdTech Giant Byju’s Under Pressure for Failing to Publish Accounts
Indian EdTech Giant Byju’s Under Pressure for Failing to Publish Accounts
September 11, 2022  |  International

Indian EdTech company Byju’s is facing intense scrutiny from the government, as well as investors and creditors, over failures to publish its accounts while funding...

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Membership Program, Automation Recharge Kroger’s Digital Growth
Membership Program, Automation Recharge Kroger’s Digital Growth
September 09, 2022  |  Earnings

After seeing its digital business take a dip following consumers’ post-quarantine return to life away from home, Kroger, the largest U.S. pure-play grocery retailer, has...

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