Earnings

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

Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
July 27, 2022  |  Earnings

Just nine months into its new life as Meta Platforms and the social media giant’s money-losing pivot to the metaverse and augmented reality has slammed...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Etsy Boasts 6 Million New Buyers in Q2 Results
Etsy Boasts 6 Million New Buyers in Q2 Results
July 27, 2022  |  Earnings

Social media market Etsy has released its Q2 results on Wednesday (July 27) in which the company reported 6 million new buyers and a 10% increase...

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Powersports Business Tests Subscriptions to Rev up Bottom Line
Powersports Business Tests Subscriptions to Rev up Bottom Line
July 27, 2022  |  Subscriptions

A new monthly subscription program is encouraging first-time users to hop onto all-terrain vehicles (ATVs), motorcycles, snowmobiles, boats and similar vehicles. Powersports vehicle supplier Polaris...

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Alphabet and Visa’s Earnings Spotlight Real-Time Payments, Digital Wallet Traction
Alphabet and Visa’s Earnings Spotlight Real-Time Payments, Digital Wallet Traction
July 27, 2022  |  Payment Methods

As always, earnings season brings with it a chance to review corporate strategy well beyond the headlines of revenues and earnings. Big Tech firms, of...

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LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
July 27, 2022  |  Retail

In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...

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Food and Beverage Brands Push Back on Shift to Private Label
Food and Beverage Brands Push Back on Shift to Private Label
July 27, 2022  |  Economy

As grocery retailers observe consumers shifting to private-label items in the face of rising prices, leading food and beverage (F&B) brands are standing their ground,...

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Google Rolls out Tweaks to Make YouTube, Search More Shoppable
Google Rolls out Tweaks to Make YouTube, Search More Shoppable
July 27, 2022  |  Google

Continuing the transformation of its massive commerce product suite, Google is quietly introducing new features to build a better buying experience. This was laid out...

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