Earnings

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

Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
November 21, 2023  |  Earnings

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov....

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Best Buy Lowers Sales Outlook as Black Friday Looms
Best Buy Lowers Sales Outlook as Black Friday Looms
November 21, 2023  |  Earnings

Best Buy says cooling consumer demand for appliances helped drive down third-quarter sales. The company’s drop in revenue led it to lower its annual sales forecast Tuesday (Nov....

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Porch Rally Leads CE 100 Index Higher Again as Q3 Earnings Season Winds Down
Porch Rally Leads CE 100 Index Higher Again as Q3 Earnings Season Winds Down
November 20, 2023  |  Connected Economy

Headed into a holiday-shortened trading week, the CE 100 Index was 4.3% higher as investors snapped up shares and earnings season drew near its close...

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BJ’s Wholesale Club Taps Robots to Boost Curbside Fulfillment Efficiency
BJ’s Wholesale Club Taps Robots to Boost Curbside Fulfillment Efficiency
November 17, 2023  |  Technology

As grocery retailers look for ways to make their curbside pickup businesses more profitable, membership warehouse club chain BJ’s Wholesale Club is using robots to...

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5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023  |  Economy

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. The...

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Gap Charts Course Back to Pop Culture Roots for Shopper Reconnection
Gap Charts Course Back to Pop Culture Roots for Shopper Reconnection
November 16, 2023  |  Retail

Gap says it’s ready to compete. That’s the latest from Richard Dickson, Gap’s newest president and chief executive officer, who held the retailer’s latest quarterly...

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Ross Stores CEO Says Off-Price Sector Remains Resilient
Ross Stores CEO Says Off-Price Sector Remains Resilient
November 16, 2023  |  Earnings

Positive customer response to value and convenience contributed to third-quarter results that outperformed expectations at Ross Stores.  The off-price retailer released its third-quarter earnings Thursday (Nov....

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Walmart’s Q3 Highlights Paycheck-to-Paycheck Consumer Caution in Holiday Spending
Walmart’s Q3 Highlights Paycheck-to-Paycheck Consumer Caution in Holiday Spending
November 16, 2023  |  Walmart

The impact of inflation on consumer spending has been a consistent concern throughout the year, and indications suggest that this trend is set to persist...

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Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
Price Hikes No Longer ‘Badge of Honor’ in Cooling Economy
November 16, 2023  |  Retail

Prices are finally coming down at many retailers. Consumers still may not feel relieved. A report Thursday (Nov. 16) by The Wall Street Journal (WSJ)...

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