Earnings

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

Nike and the Travis Kelce Jersey Effect
Nike and the Travis Kelce Jersey Effect
September 29, 2023  |  Retail

The Sunday (Sept. 24) outing of Taylor Swift to watch Kansas City Chiefs’ standout Travis Kelce on the football field wasn’t just a topic of...

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CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
September 28, 2023  |  Economy

Some would-be car buyers are putting off purchases due to higher interest rates, according to used auto retailer CarMax. They are “staying on the sidelines”...

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From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
September 27, 2023  |  Retail

Costco has built its reputation on value-based bulk deals, and it’s an offering that keeps shoppers flocking to its stores.  This deep-seated sentiment is confirmed...

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ASOS Sales Forecast: Summer Showers Dampen Revenue 
ASOS Sales Forecast: Summer Showers Dampen Revenue 
September 27, 2023  |  Retail

Weather can exert an influence on consumer purchasing choices, a phenomenon vividly illustrated by the advisory released by the online fashion giant ASOS in relation...

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UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
September 26, 2023  |  Earnings

As grocery inflation normalizes, United Natural Foods, Inc. (UNFI) expects brands to start offering more deals and discounts, which the company sees as a necessary...

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Darden Says Boosting Brands Pays Off Better Than Promotions
Darden Says Boosting Brands Pays Off Better Than Promotions
September 22, 2023  |  Restaurant innovation

Darden Restaurants, the parent company of popular dining chains including Olive Garden, The Capital Grille and LongHorn Steakhouse, has adopted a strategic shift in its...

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Darden: Restaurant Customers Skip the Fancy Wine Amid Financial Challenges
Darden: Restaurant Customers Skip the Fancy Wine Amid Financial Challenges
September 21, 2023  |  Earnings

As consumers struggle with ongoing budgetary pressures, many are reining in their alcohol spending at nice restaurants by sticking to more budget-friendly brands, Darden Restaurants...

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FedEx Expects Package Volume to Continue Slide
FedEx Expects Package Volume to Continue Slide
September 20, 2023  |  Delivery

FedEx has reportedly been navigating the challenges in the parcel market and impressing investors on Wall Street.  Despite facing declining package volumes, the global courier...

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General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
General Mills Predicts Restaurant Inflation Will Drive Fall Grocery Sales
September 20, 2023  |  Economy

General Mills predicted that with restaurant inflation exacerbating the gap between dining out and eating at home, more consumers will get their food at the...

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