Earnings

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

Lifestyle Retailer Zumiez Sees Stimulus-Fueled Sales Surge
Lifestyle Retailer Zumiez Sees Stimulus-Fueled Sales Surge
June 04, 2021  |  Retail

Zumiez, which sells clothing, shoes, equipment and accessories, reported that its net sales surged by approximately 103 percent from Q1 2020 to Q1 2021, according...

READ MORE >
Lululemon ‘Strategically Using Air Freight’ To Build Inventories
Lululemon ‘Strategically Using Air Freight’ To Build Inventories
June 04, 2021  |  Retail

High-end athleisure apparel leader Lululemon said it is looking to grow its inventory by 25 to 30 percent this quarter and use more air freight...

READ MORE >
Five Below Expands Brick-and-Mortar Footprint As Net Sales Surge
Five Below Expands Brick-and-Mortar Footprint As Net Sales Surge
June 04, 2021  |  Retail

Five Below, an off-price retailer that has more than 1,050 stores in 39 states, reported that its net sales surged by approximately 198 percent between Q1...

READ MORE >
Smucker’s CEO Says Strong At-Home Coffee, Food Sales Reflect Slow Return To Offices
Smucker’s CEO Says Strong At-Home Coffee, Food Sales Reflect Slow Return To Offices
June 03, 2021  |  Earnings

Decreased pandemic-era pantry-stocking and rising raw material and transportation costs are expected to see food giant J.M. Smucker’s sales slip 2 to 3 percent this...

READ MORE >
PVH Increases Full-Year Outlook As D2C Revenue Soars
PVH Increases Full-Year Outlook As D2C Revenue Soars
June 03, 2021  |  Retail

PVH, whose stable of brands includes names such as Tommy Hilfiger and Calvin Klein, reported its total direct-to-consumer (D2C) revenue surged by 66 percent in the...

READ MORE >
Today In Retail: Bed Bath & Beyond Unveils Three More Owned Brands; Advance Auto Parts’ Net Sales Surge
Today In Retail: Bed Bath & Beyond Unveils Three More Owned Brands; Advance Auto Parts’...
June 02, 2021  |  Retail

In today’s top retail news, Bed Bath & Beyond is debuting three more owned brands, while Advance Auto Parts reported a large increase in net...

READ MORE >
Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
Advance Auto Parts’ Net Sales Soar Amid ‘Strong Industry Backdrop’
June 02, 2021  |  Retail

Advance Auto Parts reported as part of its first quarter 2021 results that net sales surged by about 23 percent from the prior year, while...

READ MORE >
Lands’ End eCommerce Revenue Surges As Recovery Exceeds Expectations  
Lands’ End eCommerce Revenue Surges As Recovery Exceeds Expectations  
June 02, 2021  |  Retail

Lands’ End posted $260 million in global eCommerce net revenue for the first quarter, marking a 44.4 percent jump from $180 million from last fiscal...

READ MORE >
Kirkland’s Comp Sales Surge Amid Recovery In Home Furnishings
Kirkland’s Comp Sales Surge Amid Recovery In Home Furnishings
June 01, 2021  |  Retail

Kirkland’s, a home décor retailer that runs 370 brick-and-mortar locations and an eCommerce website, reported that comparable sales surged by approximately 75 percent and eCommerce...

READ MORE >