Earnings

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

Best Buy Revises Its FY23 Plans After Q1 Struggle

Best Buy Revises Its FY23 Plans After Q1 Struggle
Best Buy Revises Its FY23 Plans After Q1 Struggle
May 24, 2022  |  Retail

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some...

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Abercrombie & Fitch Facing Transition Period
Abercrombie & Fitch Facing Transition Period
May 24, 2022  |  Retail

Abercrombie & Fitch expects to close about 30 stores this year as it continues to focus on its transition to omnichannel retail sales, company officials...

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EVmo: Recession May Boost Demand for Ridesharing Services, Rental Vehicles
EVmo: Recession May Boost Demand for Ridesharing Services, Rental Vehicles
May 23, 2022  |  Cybersecurity

An economic downturn may boost the demand for both ridesharing services and the vehicles that some of the gig economy drivers rent, according to executives...

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‘Smart Industrial Strategy’ Boosts Efficiency of Farm, Construction Equipment
‘Smart Industrial Strategy’ Boosts Efficiency of Farm, Construction Equipment
May 23, 2022  |  Technology

Facing labor shortages and rising costs, businesses that use heavy equipment are adopting a “smart industrial strategy” that uses technology to boost productivity. Get the...

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VFC’s North Face Leverages Loyalty and Streetwear to Reach Sales Summit
VFC’s North Face Leverages Loyalty and Streetwear to Reach Sales Summit
May 20, 2022  |  Retail

At a time when global apparel retailers are getting slammed by COVID-linked challenges from China, the cross-category appeal of outdoor gear-maker North Face has managed...

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Foot Locker Gains Stronger Foothold in Athletic Retail Market
Foot Locker Gains Stronger Foothold in Athletic Retail Market
May 20, 2022  |  Retail

Foot Locker’s stock price was up more than 5% in early trading Friday (May 20) after the company reported its fiscal 2022 first-quarter earnings results....

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Ross Stores Not Feeling Benefit of Shoppers’ Bargain Hunting
Ross Stores Not Feeling Benefit of Shoppers’ Bargain Hunting
May 20, 2022  |  Retail

The inflation-fueled quest by shoppers to maximize every dollar clearly hasn’t helped discount fashion retailer Ross Stores, which saw its stock dip almost 25% early...

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AMZN vs WMT Weekly: Retailers Limp Into Normally Sizzling Dog Days of Summer
AMZN vs WMT Weekly: Retailers Limp Into Normally Sizzling Dog Days of Summer
May 20, 2022  |  Retail

With the official kick-off of summer just a week away and our instinctive perennial urge to get outside, go places, have fun and relax poised...

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