Earnings

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

Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales

Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
October 07, 2021  |  Retail

Increased casualization and a need for new clothes are driving continued growth for apparel giant Levi Strauss & Co., with the company citing its diversified...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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CarMax Struggles to Build Inventory as Vehicle Shortage Continues
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
September 30, 2021  |  Retail

Used car dealership chain CarMax said its inventory remains about 30% lower than it expected and down 15% year over year, cutting into vehicle availability...

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Bed Bath & Beyond Traffic Declines in Q2
Bed Bath & Beyond Traffic Declines in Q2
September 30, 2021  |  Retail

Bed Bath & Beyond saw a 26% drop in net sales in the second quarter of fiscal 2021 ending Aug. 28, compared to the same...

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Owner of Airport Eateries Sees Revenue Surge to 53% of Pre-Pandemic Levels
Owner of Airport Eateries Sees Revenue Surge to 53% of Pre-Pandemic Levels
September 29, 2021  |  Travel Payments

SSP Group, which operates foodservice sites in airports and railway stations in 35 countries, on Wednesday (Sept. 29) announced that its revenues in the last...

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UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
September 28, 2021  |  Earnings

Cazoo Holdings, a U.K.-based online seller of used cars, announced strong performance for its first-half 2021 financial results on Tuesday (Sept. 28), registering a 521%...

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GoodRX: Subscriptions Revenue Up 125% YoY, Subscribers Top 1M
GoodRX: Subscriptions Revenue Up 125% YoY, Subscribers Top 1M
September 26, 2021  |  Subscriptions

Doug Hirsch, co-CEO of GoodRx, which offers medication discounts and tracks pharmaceutical prices, said the company had over a million subscribers on its subscription offerings...

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Factory Closures Cause 10-Plus Weeks of Lost Production for Nike
Factory Closures Cause 10-Plus Weeks of Lost Production for Nike
September 24, 2021  |  Retail

Factory closures in Vietnam and Indonesia due to the pandemic have caused Nike to lose 10 weeks of production since mid-July, leading to a revised...

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Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
September 23, 2021  |  Earnings

Costco has reported eCommerce earnings for the fourth quarter increasing 11.2% year over year and 44.4% for its fiscal year, according to a press release....

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