Earnings

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

Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
May 24, 2022  |  Economy

Snap has issued a profit warning, saying it will cut back on hiring and spending, part of a larger trend of social media companies struggling...

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Today in Data: Census Shows Stronger eCommerce Sales
Today in Data: Census Shows Stronger eCommerce Sales
May 24, 2022  |  Today In Data

Today in data, revised figures from the U.S. Census show eCommerce sales were stronger than first thought. Data 14.5%: Online sales’ share of all retail...

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From Aging Cars to EVs to Record Gas Prices, Auto Parts Retailers Face Big Changes
From Aging Cars to EVs to Record Gas Prices, Auto Parts Retailers Face Big Changes
May 24, 2022  |  Retail

The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time...

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Best Buy Revises Its FY23 Plans After Q1 Struggle
Best Buy Revises Its FY23 Plans After Q1 Struggle
May 24, 2022  |  Retail

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some...

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Abercrombie & Fitch Facing Transition Period
Abercrombie & Fitch Facing Transition Period
May 24, 2022  |  Retail

Abercrombie & Fitch expects to close about 30 stores this year as it continues to focus on its transition to omnichannel retail sales, company officials...

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EVmo: Recession May Boost Demand for Ridesharing Services, Rental Vehicles
EVmo: Recession May Boost Demand for Ridesharing Services, Rental Vehicles
May 23, 2022  |  EMV

An economic downturn may boost the demand for both ridesharing services and the vehicles that some of the gig economy drivers rent, according to executives...

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‘Smart Industrial Strategy’ Boosts Efficiency of Farm, Construction Equipment
‘Smart Industrial Strategy’ Boosts Efficiency of Farm, Construction Equipment
May 23, 2022  |  Technology

Facing labor shortages and rising costs, businesses that use heavy equipment are adopting a “smart industrial strategy” that uses technology to boost productivity. In farming,...

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VFC’s North Face Leverages Loyalty and Streetwear to Reach Sales Summit
VFC’s North Face Leverages Loyalty and Streetwear to Reach Sales Summit
May 20, 2022  |  Retail

At a time when global apparel retailers are getting slammed by COVID-linked challenges from China, the cross-category appeal of outdoor gear-maker North Face has managed...

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Foot Locker Gains Stronger Foothold in Athletic Retail Market
Foot Locker Gains Stronger Foothold in Athletic Retail Market
May 20, 2022  |  Retail

Foot Locker’s stock price was up more than 5% in early trading Friday (May 20) after the company reported its fiscal 2022 first-quarter earnings results....

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