Earnings

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

Department Stores Scaling Back as Consumer Spending Slows

Department Stores Scaling Back as Consumer Spending Slows
Department Stores Scaling Back as Consumer Spending Slows
March 03, 2023  |  Retail

Department stores are adapting to slowing consumer demand by shrinking their operations. Get the Full Story Complete the form to unlock this article and enjoy...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. Get the Full Story Complete the form to unlock this...

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Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
March 02, 2023  |  Retail

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. Get the Full Story Complete the form to unlock...

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Kroger Gains Share From Restaurants as Consumers Rethink Food Spending
Kroger Gains Share From Restaurants as Consumers Rethink Food Spending
March 02, 2023  |  Earnings

Kroger is leveraging consumers’ inflation anxieties to capture spending that would otherwise go to restaurants. Get the Full Story Complete the form to unlock this...

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Macy’s Off-Mall Small Format Stores Are Killing It and More Are Coming
Macy’s Off-Mall Small Format Stores Are Killing It and More Are Coming
March 02, 2023  |  Retail

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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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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American Eagle to Expand Activewear Line After Early Success
American Eagle to Expand Activewear Line After Early Success
March 02, 2023  |  Retail

Activewear was a standout performer during a quarter in which American Eagle Outfitters earned its second-highest revenue. Get the Full Story Complete the form to unlock this...

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Best Buy Projects Falling Sales as Consumers Skip Electronic Purchases
Best Buy Projects Falling Sales as Consumers Skip Electronic Purchases
March 02, 2023  |  Retail

Best Buy expects sales will dwindle this year as cash-strapped consumers shun big-ticket home electronics. Get the Full Story Complete the form to unlock this...

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