Earnings

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

Lego Pursues Digital Initiatives to Keep Its Sales Growing

Lego Pursues Digital Initiatives to Keep Its Sales Growing
Lego Pursues Digital Initiatives to Keep Its Sales Growing
September 28, 2022  |  Retail

The Lego Group reported strong sales in the first half of the year and announced several initiatives — many of them digital — that aim...

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FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume
FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume
September 23, 2022  |  Earnings

FedEx is cutting costs and raising prices after a quarter in which its global package and freight volume dropped 11% year over year, the company...

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Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022  |  Retail

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality...

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Olive Garden Parent Keeps Delivery Off its Table
Olive Garden Parent Keeps Delivery Off its Table
September 22, 2022  |  Delivery

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Get...

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Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
September 21, 2022  |  Retail

Faced with a drop in revenue and active users, personal styling site Stitch Fix plans to spend the new fiscal year fixing itself. Get the...

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AutoZone Sees ‘Lofty’ Commercial Sales Growth
AutoZone Sees ‘Lofty’ Commercial Sales Growth
September 19, 2022  |  Retail

AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Get the Full...

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Inditex Says Optimized Shopping Experience Boosted Sales 25%
Inditex Says Optimized Shopping Experience Boosted Sales 25%
September 14, 2022  |  Retail

Zara-parent and fast fashion giant Inditex reported that its sales in the first half of 2022 were up about 25% year over year and attributed...

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