Earnings

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

Bed Bath & Beyond Ousts CEO After Sales Plummet
Bed Bath & Beyond Ousts CEO After Sales Plummet
June 29, 2022  |  Retail

Bed Bath & Beyond has replaced its CEO, the retailer announced Wednesday (June 29) in the wake of another disappointing earnings report. Sue Gove, an...

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With CEO Under Cloud, Wise Reports Revenue Growth, ‘Business as Usual’
With CEO Under Cloud, Wise Reports Revenue Growth, ‘Business as Usual’
June 28, 2022  |  Earnings

It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named...

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Nike Says Digital Transformation Strategy Working, but Shipping Times Still Elevated
Nike Says Digital Transformation Strategy Working, but Shipping Times Still Elevated
June 28, 2022  |  Retail

In an industry filled with legendary toe-to-toe competition between rival teams and athletes, Nike finds itself similarly embroiled in a binary contest of its own....

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ByteDance Generates $1B in Mobile Game Player Spending in Past Year
ByteDance Generates $1B in Mobile Game Player Spending in Past Year
June 24, 2022  |  Social Commerce

TikTok owner ByteDance generated $1 billion in mobile game player spending from June 21, 2021 to Monday (June 20), up 16% year over year, according...

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What Recession? FedEx Sees eCommerce Leading Growth
What Recession? FedEx Sees eCommerce Leading Growth
June 24, 2022  |  Retail

After closing out a record fourth quarter and fiscal full year, FedEx turned its sights on the year to come, telling investors that it does...

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CarMax Empowers Customers with Self-Progression Capabilities
CarMax Empowers Customers with Self-Progression Capabilities
June 24, 2022  |  Retail

At a time when the auto retail market has been getting hammered by rising interest rates and fuel costs, used auto retailer CarMax has put...

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‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
June 22, 2022  |  Retail

As much as airlines and hospitality sector players have reported brisk bookings from consumers eager to get out and go somewhere this summer, the present...

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Kroger Leverages Data Analytics in the Fight Against Inflation
Kroger Leverages Data Analytics in the Fight Against Inflation
June 16, 2022  |  Earnings

For today’s grocers, rapid food inflation may be the most significant headwind, with skyrocketing food prices resulting in many consumers seeking alternatives. Kroger, the United...

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Today in Retail: Rent the Runway Gets Boost From Social Reemergence; Stitch Fix Cuts Workforce Amid Stock Crash
Today in Retail: Rent the Runway Gets Boost From Social Reemergence; Stitch Fix Cuts Workforce...
June 10, 2022  |  Retail

Today in retail, Rent the Runway benefits from a resurgence in social gathers, while Stitch Fix, continues to struggle. Plus, the Consumer Price Index jumps...

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