Earnings

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

Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity
June 27, 2024  |  Earnings

Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail...

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AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
June 27, 2024  |  artificial intelligence

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker...

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eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
June 26, 2024  |  Earnings

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring...

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FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
June 25, 2024  |  Delivery

FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S. domestic package...

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Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
June 25, 2024  |  Walmart

Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said...

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CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

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Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024  |  Earnings

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key...

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Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

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Wise Plans to Hike Its  Payment Infrastructure Investment
Wise Plans to Hike Its Payment Infrastructure Investment
June 13, 2024  |  Cross-border Payments

Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results...

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