Earnings

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

Revolut Reports Revenue of $1.1 Billion in 2022
Revolut Reports Revenue of $1.1 Billion in 2022
December 22, 2023  |  Earnings

British FinTech Revolut expects its revenue to reach $2 billion this year after rising to $1.1 billion in 2022. Last year’s revenue was up 45%...

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Why Nike Says It’s Expanding Its $9 Billion Women’s Business
Why Nike Says It’s Expanding Its $9 Billion Women’s Business
December 22, 2023  |  Earnings

Nike has taken its game to the next level in the women’s market, boasting a reported business of around $9 billion — excluding Jordan and...

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General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
December 20, 2023  |  Earnings

As consumers increasingly turn to digital channels to feed their fur babies, General Mills is seeing in-store pet food sales take a dip, even as...

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Report: Revolut Aims for $1.9 Billion in Revenue for 2023
Report: Revolut Aims for $1.9 Billion in Revenue for 2023
December 20, 2023  |  Digital Banking

British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half...

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H&M Steers Upmarket to Pull Away From Shein
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023  |  Retail

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. With Shein’s rapid growth and...

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Darden: Third-Party Delivery Prices Affect Consumers’ Brand Perceptions
Darden: Third-Party Delivery Prices Affect Consumers’ Brand Perceptions
December 15, 2023  |  Aggregators

Full-service restaurant giant Darden is pulling back on third-party delivery to avoid alienating price-sensitive consumers, focusing instead on dine-in and pickup. The company shared Friday...

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Costco Says Its Bargains Continue to Lure Consumers to Shop
Costco Says Its Bargains Continue to Lure Consumers to Shop
December 14, 2023  |  Earnings

When it comes to consumers and their buying habits, Costco said its deals are drawing bargain-hunting customers to its aisles.  “We’re looking at the consumer...

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Oracle Shares Fall 8% as Growth Slows in Cloud Computing
Oracle Shares Fall 8% as Growth Slows in Cloud Computing
December 11, 2023  |  Earnings

Oracle’s shares fell about 8% in extended trading Monday (Dec. 11) after the firm reported disappointing sales growth in its cloud computing business. The company’s...

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Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
December 08, 2023  |  Payment Methods

The news that Amazon will stop taking Venmo payments prompts much speculation as to the why behind it all, roughly 14 months since the 90...

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