Earnings

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

Square Doubles Down On Bitcoin; Generates $1.7 Billion In Crypto Revenue
Square Doubles Down On Bitcoin; Generates $1.7 Billion In Crypto Revenue
February 23, 2021  |  Earnings

At Square, it’s getting hard to separate bitcoin from dollars. The company’s fourth-quarter financials reported on Tuesday (Feb. 23) were overshadowed by details about the...

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Some Businesses Gloss Over Pandemic’s Impact On Revenue
Some Businesses Gloss Over Pandemic’s Impact On Revenue
February 23, 2021  |  Business

Many businesses have not accurately reported the impact of the pandemic on their bottom line, The Wall Street Journal reported on Tuesday (Feb. 23). Get the...

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RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
February 23, 2021  |  eCommerce

By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included...

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Today In Retail: Home Depot’s Sales Surge 25.1 Pct; Walgreens Expands On-Demand Delivery Services
Today In Retail: Home Depot’s Sales Surge 25.1 Pct; Walgreens Expands On-Demand Delivery Services
February 23, 2021  |  Retail

In today’s top retail news, Home Depot reported that its fourth-quarter revenue surged 25.1 percent, while Walgreens is growing its on-demand delivery offerings with Instacart....

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Square Earnings Focuses On Cash App (And Bitcoin)
Square Earnings Focuses On Cash App (And Bitcoin)
February 23, 2021  |  Earnings

For Square, the (earnings) song may remain much the same, at least this time around. To that end, the Cash App, digital payments and, of course,...

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Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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Home Depot’s Sales Jump 25.1 Pct Amid Record-Breaking Quarter
Home Depot’s Sales Jump 25.1 Pct Amid Record-Breaking Quarter
February 23, 2021  |  Retail

Home Depot said Tuesday (Feb. 23) its fourth-quarter revenue rose 25.1 percent, capping a record-breaking year of sales and earnings. Get the Full Story Complete...

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Tanger’s Open-Air Outlet Malls Recover 90 Pct Of Q4 Customer Traffic
Tanger’s Open-Air Outlet Malls Recover 90 Pct Of Q4 Customer Traffic
February 19, 2021  |  Retail

After contending with a “year like no other,” Tanger Factory Outlet Centers said customer levels at its three-dozen upscale open-air shopping campuses hit 90 percent...

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Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
February 19, 2021  |  Retail

Strong Asian demand for leather bags, wallets and even $900 sneakers saw the French luxury design house and retailer Hermès post a 12.3 percent increase...

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