Earnings

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

High Demand For Used Cars Drives CarMax To Record Quarter
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021  |  Retail

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand...

READ MORE >
Nike’s D2C Dominance Continues To Drive Performance
Nike’s D2C Dominance Continues To Drive Performance
June 25, 2021  |  Retail

Nike remains bullish on the growth of its digital and direct-to-consumer (D2C) business, executives told investors Thursday (June 24), projecting that digital will account for...

READ MORE >
Today In Retail: Rite Aid’s Retail Pharmacy Operation Fuels Revenue Growth; Sneaker eCommerce Firm GOAT Lands $195 Million
Today In Retail: Rite Aid’s Retail Pharmacy Operation Fuels Revenue Growth; Sneaker eCommerce Firm GOAT...
June 24, 2021  |  Retail

In today’s top retail news, Rite Aid posted rising revenues from continuing operations, while GOAT wrapped up a $195 million Series F funding round and...

READ MORE >
Darden Eschews Third-Party Aggregators To ‘Drive Profitable Sales Growth’
Darden Eschews Third-Party Aggregators To ‘Drive Profitable Sales Growth’
June 24, 2021  |  Earnings

Darden Restaurants’ sales are on the rise, though not quickly enough for some. The company, which owns Olive Garden and Longhorn Steakhouse, as well as...

READ MORE >
Rite Aid’s Retail Pharmacy Business Drives Revenue Growth
Rite Aid’s Retail Pharmacy Business Drives Revenue Growth
June 24, 2021  |  Retail

Rite Aid, which has more than 2,500 retail pharmacy locations throughout 17 states, reported that revenues from continuing operations climbed by 2.2 percent to $6.16...

READ MORE >
Revolut Upgrades Purchase Protection Plans
Revolut Upgrades Purchase Protection Plans
June 23, 2021  |  Digital-First Banking

Revolut has launched several updates to its paid plan, including purchase and return protection, event insurance and a deal-finder browser extension, according to a press release emailed...

READ MORE >
London FinTech Revolut Triples Revenue Against Doubled Losses
London FinTech Revolut Triples Revenue Against Doubled Losses
June 21, 2021  |  Earnings

London FinTech Revolut posted increased revenues and gross profits for year-end 2020, but also incurred higher operating losses last year as the COVID-19 pandemic took...

READ MORE >
Today In Retail: Former Nationwide Exec Anticipated To Chair Victoria’s Secret; Ace Hardware To Hold ‘Ace Rewards Day’
Today In Retail: Former Nationwide Exec Anticipated To Chair Victoria’s Secret; Ace Hardware To Hold...
June 17, 2021  |  Retail

In today’s top retail news, Donna James is expected to chair the board of a standalone Victoria’s Secret, while Ace Hardware announced that its “Ace Rewards...

READ MORE >
Grocery Roundup: Kroger’s Digital Sales Hold Strong As Shopper Behavior Normalizes
Grocery Roundup: Kroger’s Digital Sales Hold Strong As Shopper Behavior Normalizes
June 17, 2021  |  Retail

The Kroger Co.’s digital channels just keep growing. The company reported Thursday (June 17) that, for the quarter ending May 22, 2021, it saw digital...

READ MORE >