Earnings

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

Boohoo: Profits Slammed by Returns and Freight Costs

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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Lululemon Bests Earnings Estimates but Stock Dips After Cut to Mirror Sales Level
Lululemon Bests Earnings Estimates but Stock Dips After Cut to Mirror Sales Level
December 09, 2021  |  Earnings

Lululemon saw its stock fall on Thursday (Dec. 9) after its Q3 earnings as the company cut its sales expectations for its Mirror at-home fitness...

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Consumers Returning to In-Store Shopping Drives up Costco Earnings
Consumers Returning to In-Store Shopping Drives up Costco Earnings
December 09, 2021  |  Earnings

Retail chain Costco’s quarterly results for Q1 2022, released Thursday (Dec. 9), were better than initially expected, with quarterly revenue rising 16.6% in the quarter...

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Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
December 09, 2021  |  Retail

Supply chain bottlenecks are still slowing delivery of some RH items, executives said Wednesday (Dec. 8), but most customers are willing to wait as the...

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