Earnings

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

2 Retailers in 2 Days Say Omicron Dented Holiday Season Sales
2 Retailers in 2 Days Say Omicron Dented Holiday Season Sales
January 11, 2022  |  Retail

For the second time in as many days, one of the trendy stalwarts of online and mall-based retailing has jumped the gun on Q4 earnings...

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Apple: Developers Raked in $260B from App Store Since 2008
Apple: Developers Raked in $260B from App Store Since 2008
January 11, 2022  |  Apple

Developers earned $260 billion from the Apple App Store since its launch in 2008, with a record increase of roughly $60 billion in 2021 alone,...

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Lululemon Expects Q4 Results to be Hurt by Capacity Constraints, Staff Limitations and Fewer Hours
Lululemon Expects Q4 Results to be Hurt by Capacity Constraints, Staff Limitations and Fewer Hours
January 10, 2022  |  Retail

The optimism athletic apparel company lululemon athletica inc. was feeling just a month ago seems to have been left behind with the change to 2022...

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Analysts Expect Big Banks to Post Record Profits for ’21
Analysts Expect Big Banks to Post Record Profits for ’21
January 09, 2022  |  Banking

The biggest Wall Street banks are set to report new record profits in 2021, due to bumper investment banking fees and less-than-expected losses on loans,...

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Walgreens Focused on Growing Health Unit as Solid Int’l Results Complicate Sale of Boots Unit
Walgreens Focused on Growing Health Unit as Solid Int’l Results Complicate Sale of Boots Unit
January 06, 2022  |  Retail

The second-largest U.S. pharmacy retailer says it plans to open 100 new Walgreens Health Corner locations this year, having closed two acquisitions last quarter and...

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Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
January 06, 2022  |  Retail

Home goods retailer Bed Bath & Beyond Inc.’s stock price rebounded Thursday (Jan. 6), climbing more than 11% after initially dropping more than 9% per...

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For Large Restaurant Brands, 2021 Was Better Than Normal  
For Large Restaurant Brands, 2021 Was Better Than Normal  
December 29, 2021  |  Restaurant innovation

2021 was a good year for major restaurant chains, not only in contrast to the devastating year before, but also by pre-pandemic standards. Get the...

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CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
December 22, 2021  |  Retail

Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer...

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US Banks See 15% Decrease in Trading Revenue in Q3 2021
US Banks See 15% Decrease in Trading Revenue in Q3 2021
December 21, 2021  |  Earnings

U.S. commercial banks and savings associations reported trading revenue of $6.8 billion in the third quarter this year, a 15.5% decrease, according to stats from...

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