Earnings

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

Strong Luxury Demand Drives LVMH Sales

Strong Luxury Demand Drives LVMH Sales
Strong Luxury Demand Drives LVMH Sales
October 13, 2021  |  Retail

Luxury products group LVMH Moët Hennessy Louis Vuitton on Tuesday (Oct. 12) said its revenue rose 46% from 2020 in the first nine months of...

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JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
October 13, 2021  |  Earnings

Third-quarter profits exceeded expectations at J.P. Morgan Chase, with a 24% surge in net income of $11.7 billion, an increase of $2.2 billion, the largest...

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Q3 Bank Earnings Likely to See Continued Strong Debit Spending
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021  |  Banking

Seems like yesterday we were looking toward second-quarter earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021  |  Banking

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported....

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Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
October 07, 2021  |  Retail

Increased casualization and a need for new clothes are driving continued growth for apparel giant Levi Strauss & Co., with the company citing its diversified...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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CarMax Struggles to Build Inventory as Vehicle Shortage Continues
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
September 30, 2021  |  Retail

Used car dealership chain CarMax said its inventory remains about 30% lower than it expected and down 15% year over year, cutting into vehicle availability...

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Bed Bath & Beyond Traffic Declines in Q2
Bed Bath & Beyond Traffic Declines in Q2
September 30, 2021  |  Retail

Bed Bath & Beyond saw a 26% drop in net sales in the second quarter of fiscal 2021 ending Aug. 28, compared to the same...

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