Earnings

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

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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Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
December 20, 2021  |  Earnings

Nike. A small word but a mighty brand that can perk-up retailers’ — and consumers’ — ears in an instant, while its ‘Swoosh’ logo is...

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FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
December 17, 2021  |  Earnings

Delivery giant FedEx posted an upswing in revenue of 14% to $23.5 billion for the second quarter, despite higher wages and labor shortages that were...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
December 15, 2021  |  Earnings

Sotheby’s has sold $7.3 billion in art sales this year, a new high for the 277-year-old company, The Wall Street Journal (WSJ) reported Wednesday (Dec....

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Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
December 15, 2021  |  Retail

Lowe’s had a disappointing sales outlook for investors this week, with the company bringing up concerns that the pandemic’s increase in DIY projects is now...

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PYMNTS’ Main Street Merchant Index Shows Deep Divide Between Winners, Losers
PYMNTS’ Main Street Merchant Index Shows Deep Divide Between Winners, Losers
December 14, 2021  |  SMBs

Main Street businesses are enjoying a strong, if incomplete, recovery from the pandemic’s ongoing economic impacts, according to The Main Street Index, a PYMNTS and...

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 Airlines Search for Top and Bottom Line Leverage by Shifting to Cargo Flights
 Airlines Search for Top and Bottom Line Leverage by Shifting to Cargo Flights
December 14, 2021  |  Transportation

Any business, no matter the vertical, must strive to be flexible, must pivot to where the demand is, so to speak, in order to get...

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Chewy Active Members Hit 20M in Q3, Strengthens Pet Platform Focus
Chewy Active Members Hit 20M in Q3, Strengthens Pet Platform Focus
December 10, 2021  |  Retail

Online pet supply retailer Chewy, like many companies, is struggling to get product where it needs it in a timely manner as supply chain bottlenecks...

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