Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
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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FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
February 26, 2024  |  Digital Banking

Fidelity National Information Systems (FIS) reported fourth-quarter earnings results that showed momentum in recurring revenue metrics as financial institutions expand their digital banking initiatives and...

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