Earnings

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

Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop

Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
January 06, 2022  |  Retail

Home goods retailer Bed Bath & Beyond Inc.’s stock price rebounded Thursday (Jan. 6), climbing more than 11% after initially dropping more than 9% per...

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For Large Restaurant Brands, 2021 Was Better Than Normal  
For Large Restaurant Brands, 2021 Was Better Than Normal  
December 29, 2021  |  ResTech

2021 was a good year for major restaurant chains, not only in contrast to the devastating year before, but also by pre-pandemic standards. Get the...

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CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
December 22, 2021  |  Retail

Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer...

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US Banks See 15% Decrease in Trading Revenue in Q3 2021
US Banks See 15% Decrease in Trading Revenue in Q3 2021
December 21, 2021  |  Earnings

U.S. commercial banks and savings associations reported trading revenue of $6.8 billion in the third quarter this year, a 15.5% decrease, according to stats from...

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Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
December 20, 2021  |  Earnings

Nike. A small word but a mighty brand that can perk-up retailers’ — and consumers’ — ears in an instant, while its ‘Swoosh’ logo is...

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FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
December 17, 2021  |  Earnings

Delivery giant FedEx posted an upswing in revenue of 14% to $23.5 billion for the second quarter, despite higher wages and labor shortages that were...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
December 15, 2021  |  Earnings

Sotheby’s has sold $7.3 billion in art sales this year, a new high for the 277-year-old company, The Wall Street Journal (WSJ) reported Wednesday (Dec....

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