Earnings

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

Wayfair Customer Numbers, Deliveries Fall Sharply
Wayfair Customer Numbers, Deliveries Fall Sharply
August 04, 2022  |  Retail

Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second...

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Crocs Gets Boost From Online Sales, Sees ‘Hey Dude’ Brand at $1B
Crocs Gets Boost From Online Sales, Sees ‘Hey Dude’ Brand at $1B
August 04, 2022  |  Retail

Casual footwear-maker Crocs said continued gains in its digital sales as well as strong uptake of its newly acquired Hey Dude brand helped drive record...

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Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022  |  Earnings

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at...

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LatAm’s eCommerce Boom Propels MercadoLibre to 53% Increase in Sales
LatAm’s eCommerce Boom Propels MercadoLibre to 53% Increase in Sales
August 03, 2022  |  Earnings

MercadoLibre, the Latin American eCommerce company, is seeing record revenues even while the economy slows all over the world, including in that region, Bloomberg reported...

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Booking.com Bets on Payments, Mobile Tech After Strong Q2 Showing
Booking.com Bets on Payments, Mobile Tech After Strong Q2 Showing
August 03, 2022  |  Earnings

It’s still wheels up for Booking.com despite economic headwinds in its second quarter that slowed the takeoff to full recovery while showing solid pent-up travel...

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SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
August 03, 2022  |  Earnings

There’s no easy road ahead for startups — or the funds and banks that invest in them — but then again, it’s all a part...

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Just Eat Writes Down Grubhub Valuation by $3.1B on Order Declines
Just Eat Writes Down Grubhub Valuation by $3.1B on Order Declines
August 03, 2022  |  Delivery

Food delivery giant Just Eat Takeaway wrote down the value of its U.S.-based division Grubhub by 3 billion euros ($3.1 billion) as record-high inflation continues to constrain household budgets...

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Taco Bell Leverages Buzzy Product Drops to Combat Inflation Trade Down
Taco Bell Leverages Buzzy Product Drops to Combat Inflation Trade Down
August 03, 2022  |  Restaurant innovation

As prices skyrocket, major restaurant brands must work harder to keep their customers from trading down to food-at-home options, and a way they can do...

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Airbnb’s Q2 Earnings Show Working Vacations Still Have Traction
Airbnb’s Q2 Earnings Show Working Vacations Still Have Traction
August 03, 2022  |  Earnings

In the face of steep inflation and major air travel disruptions, consumers still booked more trips and longer stays with Airbnb in the second quarter...

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