Earnings

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

Chewy’s Recurring Orders Drive Growth and Investor Enthusiasm
Chewy’s Recurring Orders Drive Growth and Investor Enthusiasm
June 02, 2023  |  Retail

Chewy stock experienced its most significant surge in nearly four years following the pet-products retailer’s sales performance that surpassed expectations. The company’s stock received a...

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Report: Companies Using Flexible Accounting Rules to Beat Analysts’ Estimates
Report: Companies Using Flexible Accounting Rules to Beat Analysts’ Estimates
June 01, 2023  |  Earnings

Companies are reportedly using flexibility in accounting rules to beat analysts’ estimates at a time when business is slowing. Get the Full Story Complete the...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
June 01, 2023  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023  |  Retail

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven...

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UK Neobank Monzo Records First Monthly Profits
UK Neobank Monzo Records First Monthly Profits
May 31, 2023  |  Digital Banking

British neobank Monzo says it has reached profitability while reducing its annual losses. Get the Full Story Complete the form to unlock this article and...

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Abercrombie Transforms Controversy Into Profits 
Abercrombie Transforms Controversy Into Profits 
May 31, 2023  |  Retail

Abercrombie & Fitch has made significant strides since its days of provocative advertising campaigns that showcased young shirtless male models, turning the brand into a...

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Klarna Says Shoppers Want Recommendations Rather Than Search Results
Klarna Says Shoppers Want Recommendations Rather Than Search Results
May 26, 2023  |  Retail

Klarna aims to lead a shift in purchases from search to recommendations. Get the Full Story Complete the form to unlock this article and enjoy...

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Nvidia’s Chips and OpenAI’s Cash Help Fast Track Generative AI’s Future  
Nvidia’s Chips and OpenAI’s Cash Help Fast Track Generative AI’s Future  
May 25, 2023  |  artificial intelligence

Among the best ways to gauge the interest in, and evolution of, new technology is to follow the money. Get the Full Story Complete the...

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