Earnings

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

Macy’s Q1 Earnings Show Digital-First Strategy Pays Off

Macy’s Q1 Earnings Show Digital-First Strategy Pays Off
Macy’s Q1 Earnings Show Digital-First Strategy Pays Off
May 18, 2021  |  Retail

Department stores are so 2020. At Macy’s, even though it defined the category for decades, the company worked hard during its earnings call Tuesday (May...

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Walmart Sees Year Of Pent-Up Demand At Stores; Says Consumers ‘Want To Get Out’
Walmart Sees Year Of Pent-Up Demand At Stores; Says Consumers ‘Want To Get Out’
May 18, 2021  |  Retail

The world’s largest brick-and-mortar retailer delivered better than expected top and bottom-line growth Tuesday (May 18), as Walmart said more customers bought merchandise online and...

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The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
May 18, 2021  |  Retail

The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped...

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Marqeta’s Total Processing Volume Up 167 Pct Year Over Year 
Marqeta’s Total Processing Volume Up 167 Pct Year Over Year 
May 17, 2021  |  Payment Methods

The digitization of commerce is helping to digitize card issuance – and, by extension, is leading Marqeta to Wall Street. As noted in this space, Marqeta’s...

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Walmart’s Q1 Results Will Show If Its Omnichannel Transition Is Winning Or Waning
Walmart’s Q1 Results Will Show If Its Omnichannel Transition Is Winning Or Waning
May 17, 2021  |  Retail

When Walmart last met with investors in February, the owner of over 11,000 global stores had just wrapped up a record quarter — and year....

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Purple Reports Surging D2C, Wholesale Revenue Amid Strong Demand Early In 2021
Purple Reports Surging D2C, Wholesale Revenue Amid Strong Demand Early In 2021
May 17, 2021  |  Retail

Digitally native mattress company Purple Innovation posted a 54.8 percent surge in direct-to-consumer (D2C) revenue and a 47.6 percent surge in wholesale revenue from Q1 2020...

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InsurTech SPACs In Spotlight, And Bird Takes Flight Toward IPO 
InsurTech SPACs In Spotlight, And Bird Takes Flight Toward IPO 
May 14, 2021  |  IPO

The weekly SPAC/IPO Tracker shows that through the middle of the month, year-to-date banking related listings stood at 25, trailed by a baker’s dozen of...

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Travel Comparison Platform Trivago Streamlines Operations For Expansion
Travel Comparison Platform Trivago Streamlines Operations For Expansion
May 14, 2021  |  Travel Payments

Global online travel search platform Trivago is in the midst of revamping operations and cutting expenses for future expansion post-pandemic, CNBC reported. Get the Full...

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Today In Retail: Ralph Lauren Intends To Sell Club Monaco; Dillard’s Retail Sales Jump By 73 Pct
Today In Retail: Ralph Lauren Intends To Sell Club Monaco; Dillard’s Retail Sales Jump By...
May 14, 2021  |  Retail

In today’s top retail news, Ralph Lauren plans to sell its Club Monaco brand to a private equity firm, while Dillard’s total retail sales soared...

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