Earnings

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

AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’

AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
AutoNation Reports New Vehicle Sales at ‘Recessionary Levels’
October 27, 2022  |  Retail

Retail sales of both new and used vehicles remain below historical levels due to inventory constraints, executives of automotive retailer AutoNation reported Thursday (Oct. 27)...

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LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
October 26, 2022  |  Banking

LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: Get...

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Shoe Brands Compete for Digital Sales as D2C Volumes Grow
Shoe Brands Compete for Digital Sales as D2C Volumes Grow
October 26, 2022  |  eCommerce

Footwear giant Skechers is seeing its eCommerce investments pay off. The company shared Tuesday (Oct. 25) in its third-quarter 2022 earnings announcement that direct-to-consumer (D2C)...

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Mattel CEO Says Toy Biz Is Defensive but Expects Late Shopping Surge
Mattel CEO Says Toy Biz Is Defensive but Expects Late Shopping Surge
October 26, 2022  |  Retail

While acknowledging the broader economic obstacles facing his company along with others, Mattel’s CEO says he’s counting on demand for toys for the holidays. Get...

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Google Will Pay YouTube Creators in Bid to Crash TikTok’s Party 
Google Will Pay YouTube Creators in Bid to Crash TikTok’s Party 
October 26, 2022  |  Google

Calling it “a big deal” for creators, Google parent Alphabet said Tuesday it will pay top creative talent to post videos on its new YouTube...

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Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
October 25, 2022  |  Earnings

Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct —...

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Chipotle Upgrades Geo-Tracking to Blend Digital and Physical Experience
Chipotle Upgrades Geo-Tracking to Blend Digital and Physical Experience
October 25, 2022  |  Earnings

Chipotle is souping up its mobile app with better geo-tracking features to improve customers’ mobile experience and drive the adoption of digital pickup. Get the...

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UPS Sees Shoppers Waiting Until December Despite Early Sales Events
UPS Sees Shoppers Waiting Until December Despite Early Sales Events
October 25, 2022  |  Retail

Despite an unprecedented early start to the holiday shopping season, the world’s largest delivery service says consumers are unmoved and are holding off until December....

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