Earnings

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

FDIC Reports Banks Remain Resilient as Net Income Stays High
FDIC Reports Banks Remain Resilient as Net Income Stays High
November 29, 2023  |  Banking

The aggregate net income for the 4,614 Federal Deposit Insurance Corporation (FDIC)-insured institutions during the third quarter was $68.4 billion, representing a 3.4% decrease from...

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Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
November 29, 2023  |  Retail

Foot Locker saw strong financial results over Thanksgiving weekend, and the sneaker and sportswear retailer decided to make a quick pivot in its full-year forecast,...

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Petco Aims to Be the Go-to Retailer for All Things Pets
Petco Aims to Be the Go-to Retailer for All Things Pets
November 29, 2023  |  Earnings

As every retailer looks to define what value means to their customer, pet health and wellness company Petco is finding that offering pet parents solutions...

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MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
November 28, 2023  |  Retail

Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious...

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Allbirds Looks to Amazon to Boost Demand 
Allbirds Looks to Amazon to Boost Demand 
November 27, 2023  |  Retail

After recently disclosing another quarter of unsatisfactory earnings, footwear and fashion firm Allbirds is betting on a new partnership with Amazon to boost its likeability...

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Nordstrom’s Off-Price Destination Falls Short on Value
Nordstrom’s Off-Price Destination Falls Short on Value
November 22, 2023  |  Retail

Nordstrom, once known for its opulent runway and exceptional service, is increasingly delving deeper into substantial discounts to navigate financial challenges. But is it working?...

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Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
November 21, 2023  |  ResTech

As Presto sees declines in its on-premise technologies amid shifts in consumers’ digital dining expectations, the company is making major layoffs and reinvesting in its...

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As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023  |  Retail

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout...

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Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
November 21, 2023  |  Retail

Athletes who shop through multiple channels are driving sales growth at Dick’s Sporting Goods. Get the Full Story Complete the form to unlock this article...

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