Earnings

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

Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024  |  eCommerce

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over...

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Lowe’s Projects Falling Sales as Consumers Put off Remodeling
Lowe’s Projects Falling Sales as Consumers Put off Remodeling
February 27, 2024  |  Earnings

Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most...

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Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
February 27, 2024  |  Retail

In a bid to navigate through tough times, Hasbro is sharpening its focus on cutting costs to revive its toy and game business. Despite a...

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Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024  |  Retail

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. The department store chain made this announcement Tuesday (Feb. 27) as it released quarterly...

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Earnings Season Shows Electric Vehicles’ Road to Ubiquity Has Curves and Bumps Ahead
Earnings Season Shows Electric Vehicles’ Road to Ubiquity Has Curves and Bumps Ahead
February 27, 2024  |  Technology

Earnings season’s puts and takes in the electric vehicle industry show just how long and winding the road will be to ubiquity. There will be...

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Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
February 27, 2024  |  Retail

As Macy’s closes locations by the hundreds, the retailer is turning to digital to keep customers engaged even as they lose their local, physical stores....

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CarGurus Says AI-Powered Insights Help Dealers Adjust Prices to Boost Sales
CarGurus Says AI-Powered Insights Help Dealers Adjust Prices to Boost Sales
February 26, 2024  |  Retail

CarGurus has been rolling out new artificial intelligence (AI) features to give both dealers and consumers the information they’re looking for. With these offerings, the...

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Freightos Earnings Show Digital Transformation Driving Traditional Industries
Freightos Earnings Show Digital Transformation Driving Traditional Industries
February 26, 2024  |  Supply Chain

Can even the most traditional industries adapt to digital transformations? For the international freight industry, the answer appears to be yes. Shippers and carriers have...

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Domino’s CFO Says Momentum Shifting to Pickup Over Delivery
Domino’s CFO Says Momentum Shifting to Pickup Over Delivery
February 26, 2024  |  Earnings

Years into consumers’ ongoing financial challenges, restaurant customers are still trading down from delivery to pickup, Domino’s observed. The pizza giant, which has more than...

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