Earnings

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

Deliveroo Looks Past Food Following First-Ever Profit
Deliveroo Looks Past Food Following First-Ever Profit
March 14, 2024  |  Earnings

Deliveroo has logged its first-ever profit as it continues pushing past its restaurant roots. The British company on Thursday (March 14) announced earnings of 85 million pounds ($109...

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Dollar Tree Woos Affluent Shoppers as Savings Dwindle
Dollar Tree Woos Affluent Shoppers as Savings Dwindle
March 13, 2024  |  Earnings

As even affluent consumers see their spending power diminish, Dollar Tree is making gains with high-income shoppers, even as the business on the whole faces...

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Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
Petco Steps Up Value After Being Blindsided by Deal-Seeking Consumers
March 13, 2024  |  Earnings

As shoppers continue to manage their budgets amid years of financial challenges, Petco has found itself caught unaware by the extent of pet parents’ pull...

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Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024  |  Retail

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...

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Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024  |  Retail

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink...

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Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO
Petco Names Ex-Best Buy Executive Mike Mohan as Interim CEO
March 13, 2024  |  Personnel

Petco CEO, Chairman and board member Ron Coughlin stepped down from those roles Wednesday (March 13) and was succeeded by Interim CEO R. Michael (Mike)...

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LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound
LoanDepot Invests in Technology to Prepare for Mortgage Industry Rebound
March 12, 2024  |  Earnings

LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes. While the provider of home lending solutions reduced its expenses...

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Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024  |  Retail

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’...

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Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
March 12, 2024  |  Consumer Insights

As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS...

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