Earnings

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

Gap: Consumers Demand Fashion That Responds to of-the-Moment Trends
Gap: Consumers Demand Fashion That Responds to of-the-Moment Trends
May 31, 2024  |  Earnings

Consumers expect fashion retailers to meet their preferences as they evolve, Gap noted on its latest earnings call, with the rise of eCommerce speeding up...

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This Week in AI: Earnings, Regulation Tightropes, Content Deals and Cyberattacks
This Week in AI: Earnings, Regulation Tightropes, Content Deals and Cyberattacks
May 31, 2024  |  Artificial Intelligence

This week in artificial intelligence news, tech giants C3.ai, HP and nCino reported strong first-quarter earnings, all fueled by the increasing demand for AI products...

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Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
Costco Mulls Raising Membership Fee, Add Warehouses Amid Rising Sales
May 30, 2024  |  Retail

Costco is weighing a raise in its membership fee, and plans to add new warehouses and expand partnerships amid rising sales, the retailer said Thursday...

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Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
May 30, 2024  |  Earnings

As a pulse check on the paycheck-to-paycheck consumer, Dollar General’s most recent Q1 earnings showed that one of the economy’s most closely watched demographic groups...

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Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
Nordstrom Sees Exclusive Events Drive Luxury Shoppers’ Loyalty
May 30, 2024  |  Earnings

As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events...

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AI Money: AI Fuels Strong Quarterly Results for Tech Firms
AI Money: AI Fuels Strong Quarterly Results for Tech Firms
May 30, 2024  |  artificial intelligence

Several tech companies reported strong earnings in the first quarter of 2024, driven by the growing demand for artificial intelligence (AI) products and services. As...

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Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024  |  Retail

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. On...

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Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
May 30, 2024  |  Earnings

Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by...

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Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation
May 30, 2024  |  Earnings

Kohl’s is looking to boost its sagging sales by promoting value to consumers who have been buffeted by high interest rates and inflation. During the...

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