Earnings

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

Pinduoduo Founder Moves On As Business Beats Out Alibaba

Pinduoduo Founder Moves On As Business Beats Out Alibaba
Pinduoduo Founder Moves On As Business Beats Out Alibaba
March 17, 2021  |  eCommerce

Even as Pinduoduo, founded in 2015, overtakes Alibaba to become China’s largest eCommerce company, a shakeup at the top continues. Get the Full Story Complete...

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Lands’ End To Double Up On Partnership With Kohl’s, Focus On Global eCommerce
Lands’ End To Double Up On Partnership With Kohl’s, Focus On Global eCommerce
March 17, 2021  |  Retail

Casual clothing and footwear retailer Lands’ End said it is expanding its tie-up with Kohl’s and growing its global eCommerce business, as the company’s European...

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Stitch Fix Earnings Show Uneasy Optimism For Online Apparel Industry
Stitch Fix Earnings Show Uneasy Optimism For Online Apparel Industry
March 16, 2021  |  Retail

Not every earnings report can be a winner, a reality confronted by Stich Fix last week when increased costs and slowing customer growth depressed its quarterly...

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Global Apparel Giant H&M Says Sales Snap Back As 80 Pct Of Stores Have Reopened
Global Apparel Giant H&M Says Sales Snap Back As 80 Pct Of Stores Have Reopened
March 15, 2021  |  Retail

Swedish fashion retailer H&M said Monday (March 15) that 80 percent of its 5,000 global stores had currently reopened from COVID-related closures, marking a continued...

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Ulta Beauty CEO To End 8-Year Stint That Doubled Store Count And Tripled Sales
Ulta Beauty CEO To End 8-Year Stint That Doubled Store Count And Tripled Sales
March 12, 2021  |  Retail

After closing the books on her most challenging year ever with better than expected earnings, Ulta Beauty CEO Mary Dillon told investors that she was...

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Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
March 12, 2021  |  Retail

A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company,...

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Kirkland’s Inc. Comp Sales Rise 1.8 Pct
Kirkland’s Inc. Comp Sales Rise 1.8 Pct
March 12, 2021  |  Retail

Kirkland’s Inc., which runs more than 370 stores in 35 states, reported as part of its financial results that comparable sales climbed 1.8 percent, including...

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The Buckle Reports 81.5 Pct Jump In Online Sales
The Buckle Reports 81.5 Pct Jump In Online Sales
March 12, 2021  |  Retail

Mid-priced casual retail chain The Buckle, Inc. posted an 18 percent increase in same-store sales Friday (March 12), led by an 81.5 percent increase in...

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Revlon’s Net Sales Drop 10.4 Pct Amid Pandemic
Revlon’s Net Sales Drop 10.4 Pct Amid Pandemic
March 11, 2021  |  Retail

Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the...

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