Earnings

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

Mastercard Results Detail Spending ‘Shift’ by Consumers Amid Inflation

Mastercard Results Detail Spending ‘Shift’ by Consumers Amid Inflation
Mastercard Results Detail Spending ‘Shift’ by Consumers Amid Inflation
July 28, 2022  |  Earnings

It’s becoming a familiar theme — the U.S. consumer is resilient, and spending is buoyant and of course, the wild card is how long it...

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Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

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Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
Overstock Hurt by Increasing Inflation, Rising Prices for Consumer Necessities
July 28, 2022  |  Retail

Overstock is feeling the pinch from rising prices on necessities like food and fuel, meaning consumer appetite for home furnishings has slowed to some degree....

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O’Reilly Automotive Sees Jump in Sales to Pros As Stretched Consumers Repair Old Cars
O’Reilly Automotive Sees Jump in Sales to Pros As Stretched Consumers Repair Old Cars
July 28, 2022  |  Retail

Consumers are keeping their cars longer than ever these days amid a sharp decline in the number of new cars available and the higher cost...

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Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
July 27, 2022  |  Earnings

Just nine months into its new life as Meta Platforms and the social media giant’s money-losing pivot to the metaverse and augmented reality has slammed...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Etsy Boasts 6 Million New Buyers in Q2 Results
Etsy Boasts 6 Million New Buyers in Q2 Results
July 27, 2022  |  Earnings

Social media market Etsy has released its Q2 results on Wednesday (July 27) in which the company reported 6 million new buyers and a 10% increase...

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Powersports Business Tests Subscriptions to Rev up Bottom Line
Powersports Business Tests Subscriptions to Rev up Bottom Line
July 27, 2022  |  Subscriptions

A new monthly subscription program is encouraging first-time users to hop onto all-terrain vehicles (ATVs), motorcycles, snowmobiles, boats and similar vehicles. Get the Full Story...

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