Earnings

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

Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP Loans

Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP Loans
Today In Payments: New Facebook Shops Feature Launched; Pelosi, House Look To Overhaul SMB PPP...
May 20, 2020  |  News

In today’s top news, Facebook has launched Facebook Shops for small and medium-sized businesses (SMBs) to list their merchandise, and Speaker Nancy Pelosi and the...

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Target’s Digital Sales Soar 141 Pct in Q1 As Pandemic Shifts Business Online
Target’s Digital Sales Soar 141 Pct in Q1 As Pandemic Shifts Business Online
May 20, 2020  |  Earnings

Target reported on Wednesday (May 20) that it had a very busy first quarter as consumers flocked to its website to stock up in preparation...

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Lowe’s US Home Improvement Comps Rise 12.3 Pct
Lowe’s US Home Improvement Comps Rise 12.3 Pct
May 20, 2020  |  Retail

As it responded to the pandemic by providing support for associates, shoppers and communities, Lowe’s Companies, Inc. reported that comparable sales for the U.S. home...

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Target’s Digital Comp Sales Rocket 141 Pct
Target’s Digital Comp Sales Rocket 141 Pct
May 20, 2020  |  Retail

Target Corporation’s digital comparable sales rocketed during the first quarter, rising 141 percent and comprising 9.9 percentage points of Target’s comparable sales growth. Digital comparable...

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Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid...
May 19, 2020  |  News

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid...

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Kohl’s Leans Into Digital During Pandemic Store Closures
Kohl’s Leans Into Digital During Pandemic Store Closures
May 19, 2020  |  Earnings

As it leaned into its digital businesses with its stores closed amid the pandemic, Kohl’s Corporation saw its digital sales rise 24 percent for the quarter...

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What Walmart’s Earnings Are Teaching The World About The New American Consumer
What Walmart’s Earnings Are Teaching The World About The New American Consumer
May 19, 2020  |  Earnings

When the going gets tough, the tough go to Walmart. That’s one of the main takeaways to come out of Walmart’s first-quarter earnings release Tuesday (May...

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Walmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart Crushes Earnings; eCommerce Soars 74 Pct
May 19, 2020  |  Retail

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up...

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