Earnings

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

Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient

Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
November 23, 2020  |  Retail

It’s hard to find things to like about the department store sector these days. Macy’s reported earnings last week, and it didn’t help naysayers change...

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Healthy Pour: Wine.com Leads Industry Surge In Online Sales
Healthy Pour: Wine.com Leads Industry Surge In Online Sales
November 23, 2020  |  Retail

Online wine and beverage alcohol sales continue to outperform last year’s levels during the pandemic, but a new study shows the industry has a long...

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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales
Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales
November 20, 2020  |  Retail

Shoe Carnival delivered record sales for the third quarter, driven in part by strong sales in the adult athletic shoe category, the company announced this...

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Macy’s Troubles Continue; Digital Focus Leads To Cautious Optimism For Q4
Macy’s Troubles Continue; Digital Focus Leads To Cautious Optimism For Q4
November 19, 2020  |  Retail

The headwinds facing Macy’s pandemic-driven downturn recovery have been well-documented. Falling foot traffic at malls and a general department store category malaise are just two...

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Affirm’s IPO Filing Shows Narrowing Losses, Surging GMV And BNPL’s Growing Appeal
Affirm’s IPO Filing Shows Narrowing Losses, Surging GMV And BNPL’s Growing Appeal
November 19, 2020  |  BNPL

Affirm has become just one of several FinTechs and platform companies to file for an initial public offering (IPO), revealing in an SEC filing known as...

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TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020  |  Retail

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its...

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Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
November 18, 2020  |  Retail

Target continued its winning digital-first strategy for the third quarter as the company announced another triple-digit eCommerce spike on its earnings call Wednesday (Nov. 18)....

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Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
November 17, 2020  |  Retail

Kohl’s reported Tuesday (Nov. 17) that the pandemic has cut into its clothing and footwear sales, slashing comparable sales by 13.3 percent in Q3. Get...

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