Earnings

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

Factory Closures Cause 10-Plus Weeks of Lost Production for Nike

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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Darden Leaves Off-Premise Demand Untapped in Favor of Dining Room Customers
Darden Leaves Off-Premise Demand Untapped in Favor of Dining Room Customers
September 23, 2021  |  Earnings

Darden Restaurants, the parent company of Olive Garden and Longhorn Steakhouse, as well as a number of other full-service restaurant brands, remains resistant to many...

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Rite Aid Touts Importance of Pharmacists in Business Growth
Rite Aid Touts Importance of Pharmacists in Business Growth
September 23, 2021  |  Retail

Rite Aid is pointing to pharmaceuticals and its pharmacists as the key to growing and transforming its business, though bigger competitors whose strategies are more...

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Honest Co.’s Soft Sales Causing Trouble on Multiple Fronts
Honest Co.’s Soft Sales Causing Trouble on Multiple Fronts
September 23, 2021  |  Retail

Less than six months after making its public debut, the natural diaper, skin care and household cleaning product brand The Honest Co. is facing two...

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Stitch Fix Relying on ‘New Ecosystem’ to Drive Consumer Spend
Stitch Fix Relying on ‘New Ecosystem’ to Drive Consumer Spend
September 22, 2021  |  Retail

Online styling service Stitch Fix is rapidly expanding its offerings beyond its traditional “Fix,” wherein stylists choose products for clients without direct customer input, in...

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FedEx Takes $450M YoY Hit From Increased Labor, Transportation Costs
FedEx Takes $450M YoY Hit From Increased Labor, Transportation Costs
September 21, 2021  |  Earnings

FedEx, in its first quarter earnings report, has shown operating results negatively impacted by higher operating expenses, which happened due to the pandemic’s air network...

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Adobe’s Digital Subscription Revenue up 29% to $864M in Q3
Adobe’s Digital Subscription Revenue up 29% to $864M in Q3
September 21, 2021  |  Earnings

Adobe saw digital subscription revenue up 29 percent, now totaling $864 million as of the third quarter, a company earnings report says. Get the Full...

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AutoZone Invests in Tech to Power Growth
AutoZone Invests in Tech to Power Growth
September 21, 2021  |  Retail

Auto parts retailer AutoZone, Inc. on Tuesday (Sept. 21) said its fourth-quarter net sales were $4.9 billion for the 16-week period ending Aug. 28, up...

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