Earnings

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

Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
August 15, 2022  |  Retail

Grill maker Weber is planning a 10% “reduction of force” in its management staff after reporting a 21% drop in sales Monday (Aug. 15). It’s...

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CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
August 15, 2022  |  Connected Economy

Earnings reports are in full swing on Wall Street, and they dictated the way Connected Economy 100 (CE100™) Index names traded this past week. For...

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SMB Sellers, Payments Surprisingly Resilient in the Face of Global Turmoil
SMB Sellers, Payments Surprisingly Resilient in the Face of Global Turmoil
August 12, 2022  |  B2B Payments

B2B payment digitization came to the rescue during the pandemic, but it also can help businesses cope with humanity’s self-induced catastrophe, war. Ukraine is a...

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The Honest Co. Turns to Innovation, Re-Invention to Reverse Brutal First Year
The Honest Co. Turns to Innovation, Re-Invention to Reverse Brutal First Year
August 12, 2022  |  Retail

After a year-long sales slump following its May 2021 initial public offering (IPO), The Honest Co. reported 5% year-over-year revenue growth in the second quarter...

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Car Washes: The ‘Affordable Luxury’ Subscription Consumers Are Keeping
Car Washes: The ‘Affordable Luxury’ Subscription Consumers Are Keeping
August 12, 2022  |  Retail

At a time of soaring inflation and rising interest rates, consumers are not cutting back on car wash subscriptions. At Mister Car Wash, the number...

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Olo CEO Says Restaurants Taking Longer to Make Digital Decisions
Olo CEO Says Restaurants Taking Longer to Make Digital Decisions
August 12, 2022  |  Restaurant innovation

Olo’s stocks plummeted last week after the company lowered its revenue outlook for the rest of the year, and founder and CEO Noah Glass said...

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Poshmark Q2 Sees Record Users, as Value-Conscious, Premium Buyers Clean Out Closets
Poshmark Q2 Sees Record Users, as Value-Conscious, Premium Buyers Clean Out Closets
August 12, 2022  |  Earnings

Social commerce marketplace Poshmark said growing demand from budget-minded consumers at both ends of the economic spectrum drove a 14% increase in its customer base...

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UK’s Babylon Health Boosts US Membership by 220% in Pivot to Private Healthcare Systems
UK’s Babylon Health Boosts US Membership by 220% in Pivot to Private Healthcare Systems
August 11, 2022  |  Healthcare

U.K.’s leading digital healthcare company, Babylon Health, recently announced its second quarter (Q2) 2022 results, highlighting significant growth in the U.S. despite a $157 million...

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FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
August 11, 2022  |  IPO

The FinTech IPO Tracker is up 16.9% for August — and we’re not even halfway through the month. Earnings continued to drive stock performance, and...

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