Earnings

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

Rent the Runway Benefits From Boost in Weddings, Social Gatherings, Travel
Rent the Runway Benefits From Boost in Weddings, Social Gatherings, Travel
June 10, 2022  |  Retail

More people enjoyed weddings, social gatherings and increased travel during the first quarter of fiscal year 2022, leading to a record active subscriber count for...

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Stitch Fix Cuts Workforce as Customers Leave
Stitch Fix Cuts Workforce as Customers Leave
June 10, 2022  |  Retail

Artificial intelligence (AI)-powered personal styling site Stitch Fix continues to struggle to retain existing customers and captivate new ones, leading the company to slash about...

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Return to Events, Travel, Work Boosts Sales for Tommy Bahama, Lilly Pulitzer
Return to Events, Travel, Work Boosts Sales for Tommy Bahama, Lilly Pulitzer
June 09, 2022  |  Retail

An increase in social events and travel and the rise of more casual workplaces spelled good news this quarter for Oxford Industries, parent company of...

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Five Below Is Ready to Pounce on ‘Merchandise and Real Estate Dislocations’
Five Below Is Ready to Pounce on ‘Merchandise and Real Estate Dislocations’
June 09, 2022  |  Retail

Sandwiched between aggressive, deep discount rivals like Dollar Tree, Dollar General and Ollie’s on one side, and increasingly cash-strapped consumers on the other, Philly-based Five...

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Ollie’s Bargain Outlet Expects Closeout Surge, Says ‘Trade-Down’ Is 3-6 Months Out
Ollie’s Bargain Outlet Expects Closeout Surge, Says ‘Trade-Down’ Is 3-6 Months Out
June 08, 2022  |  Retail

Extreme value retailer Ollie’s Bargain Outlet said Wednesday (June 8) that an expected consumer trade-down to deep discount stores had not meaningfully materialized yet but...

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Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
June 08, 2022  |  Retail

Global clothing retailer Inditex, the parent company of Zara, saw “a significant rebound in traffic” to its stores worldwide in the first quarter of fiscal...

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IoT Helps Freight Companies Tackle Inflation
IoT Helps Freight Companies Tackle Inflation
June 06, 2022  |  Internet of Things

Companies are investing in digital transformation to fight inflation and overcome other challenges, Samsara executives said Thursday (June 2) during the company’s quarterly earnings call....

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Lululemon Trumpets ‘Strong Start’ to 2022
Lululemon Trumpets ‘Strong Start’ to 2022
June 03, 2022  |  Retail

Despite supply chain issues, inflation and the ongoing impact of COVID-19, apparel retailer Lululemon said it began the year on a strong note as it...

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GameStop Doubles Down on Digital Assets, Blockchain, NFTs
GameStop Doubles Down on Digital Assets, Blockchain, NFTs
June 02, 2022  |  Retail

GameStop has been quietly preparing for its entry into cryptocurrency, blockchain and non-fungible tokens (NFTs), with its fiscal 2022 first-quarter earnings press release showing the...

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