Earnings

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

Women’s Apparel Brand J.Jill Sees D2C Net Sales Surge

Women’s Apparel Brand J.Jill Sees D2C Net Sales Surge
Women’s Apparel Brand J.Jill Sees D2C Net Sales Surge
June 08, 2021  |  Retail

J.Jill, an omnichannel retailer and women’s apparel brand, reported that its direct-to-consumer (D2C) net sales soared by approximately 33 percent over 2020 for the first...

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Chico’s FAS Sales Rise Amid ‘Tremendous Progress’ In Turnaround
Chico’s FAS Sales Rise Amid ‘Tremendous Progress’ In Turnaround
June 08, 2021  |  Retail

Fashion retailer Chico’s FAS, whose stable of brands includes Soma, WHBM and Chico’s, reported that total company first-quarter sales increased by approximately 38 percent, according...

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Stitch Fix CEO: We Are Purpose-Built For Apparel Retail’s Digital Pivot
Stitch Fix CEO: We Are Purpose-Built For Apparel Retail’s Digital Pivot
June 08, 2021  |  Retail

Ten years and 50 million “fixes” later, the founder of online styling service Stitch Fix says new clients and expanded product offerings will see the...

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G-III Apparel Sales Surge After Closing Wilsons Leather, G.H. Bass Stores
G-III Apparel Sales Surge After Closing Wilsons Leather, G.H. Bass Stores
June 07, 2021  |  Retail

G-III Apparel Group is growing bullish on 2021, as the company racked up first-quarter results showing a turnaround from the previous year. The company also...

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Today In Retail: Five Below Grows Brick-And-Mortar Presence; Zumiez Experiences Stimulus-Fueled Sales Surge
Today In Retail: Five Below Grows Brick-And-Mortar Presence; Zumiez Experiences Stimulus-Fueled Sales Surge
June 04, 2021  |  Retail

In today’s top retail news, Five Below and Zumiez each separately announced soaring net sales. Plus, lululemon athletica inc. said it is seeking to grow its...

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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...

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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...

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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...

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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...

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