Earnings

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

Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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Levi’s NextGen Concept Will Lead Store Openings
Levi’s NextGen Concept Will Lead Store Openings
October 07, 2022  |  Retail

Levi’s says it continues to see success with its smaller “NextGen” stores, so much so that they’ll account for nearly all of the 100 locations...

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Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022  |  Retail

H&M may become the latest merchant to begin charging a fee when customers return items they’ve purchased online. Get the Full Story Complete the form...

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CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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Report: Burberry’s Markdowns Hurt Its Luxury Image
Report: Burberry’s Markdowns Hurt Its Luxury Image
September 30, 2022  |  Retail

United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as...

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Nike Promises ‘Decisive Action’ on Inventory, More Investment in D2C
Nike Promises ‘Decisive Action’ on Inventory, More Investment in D2C
September 30, 2022  |  Retail

“We face a new degree of complexity,” Nike CFO Matthew Friend told analysts Thursday, in the wake of the athletic shoe, apparel and equipment maker’s...

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Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
September 29, 2022  |  eCommerce

Against the backdrop of Europe’s deepening energy crisis, a weak Polish currency, Złoty, and ongoing conflict in neighboring Ukraine, the Polish retail sector has remained...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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Bed Bath & Beyond Adds App, Registry, Rewards to Turnaround Efforts
Bed Bath & Beyond Adds App, Registry, Rewards to Turnaround Efforts
September 29, 2022  |  Retail

A new app, a baby registry and a rewards program are among the latest services announced or introduced by Bed Bath & Beyond in its...

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