Earnings

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

Netflix Surges 25% on Earnings and Leads CE 100’s 5% Weekly Gain
Netflix Surges 25% on Earnings and Leads CE 100’s 5% Weekly Gain
October 24, 2022  |  Connected Economy

Earnings are trickling in as October moves into its last few trading sessions.  And so far, we’re getting a look at some of the pockets...

READ MORE >
Consumers Order Fewer Prepared Food Deliveries as Prices Climb
Consumers Order Fewer Prepared Food Deliveries as Prices Climb
October 21, 2022  |  Delivery

Orders for delivery of takeout food via mobile app have reportedly slipped as restaurants have raised prices and some delivery companies have boosted their fees...

READ MORE >
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022  |  Credit Cards

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health....

READ MORE >
Deliveroo Says Grocery Delivery Orders Still Rising Despite Inflation
Deliveroo Says Grocery Delivery Orders Still Rising Despite Inflation
October 21, 2022  |  Earnings

Contrary to the behavior one might expect in the face of skyrocketing inflation, United Kingdom-based food delivery service Deliveroo is noticing growth in its grocery...

READ MORE >
American Express: Millennial and Gen Z Spending Growth Up 39%
American Express: Millennial and Gen Z Spending Growth Up 39%
October 21, 2022  |  Earnings

For American Express, there’s been no slowdown or pullback by consumers, who continue to wield their cards at registers and online checkout pages with enthusiasm....

READ MORE >
Amazon, Walmart Move to Boost Shopper Frequency as Analysts Check Out
Amazon, Walmart Move to Boost Shopper Frequency as Analysts Check Out
October 21, 2022  |  Retail

By this time next week, Amazon’s Q3 results will be in the books and if recent history is any guide, they probably will be seen...

READ MORE >
Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
Adidas Cuts Profit Forecast Amid Low Sales, High Inventory
October 21, 2022  |  Retail

Adidas saw its shares tumble Friday (Oct. 21) after projecting that profits would be lower this year as it deals with lower-than-expected sales and a...

READ MORE >
As Sales Grow, Tractor Supply, Visa Try to Woo Constrained Consumers
As Sales Grow, Tractor Supply, Visa Try to Woo Constrained Consumers
October 20, 2022  |  Retail

Rural lifestyle retailer Tractor Supply Co. said it will introduce a Visa credit card in the coming weeks in an effort to help customers feeling...

READ MORE >
Hermes to Boost Prices Amid Continued Luxury Resilience
Hermes to Boost Prices Amid Continued Luxury Resilience
October 20, 2022  |  Retail

Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued...

READ MORE >