Earnings

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

Grocery Roundup Spotlights Strong Earnings, Store Innovations

Grocery Roundup Spotlights Strong Earnings, Store Innovations
Grocery Roundup Spotlights Strong Earnings, Store Innovations
March 04, 2021  |  Retail

While 2020 was a devastating year in most areas, lockdown restrictions and consumers’ changing financial situations actually posed an opportunity for grocery stores to gain...

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Kroger Looks To Parlay Digital-First Growth Into Omnichannel Success
Kroger Looks To Parlay Digital-First Growth Into Omnichannel Success
March 04, 2021  |  Retail

The digital shift has been good to Kroger. The supermarket chain reported strong Q4 earnings on Thursday (March 4), driven by the company’s savvy digital...

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Purple Innovation Reports 39.9 Pct Surge In Net Revenue
Purple Innovation Reports 39.9 Pct Surge In Net Revenue
March 04, 2021  |  Retail

Purple Innovation, Inc., a brand of comfort products such as mattresses and pillows, reported that net revenue surged by 39.9 percent in the fourth quarter...

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BJ’s Wholesale Reports 15.9 Pct Rise In Comparable Club Sales
BJ’s Wholesale Reports 15.9 Pct Rise In Comparable Club Sales
March 04, 2021  |  Retail

Warehouse club operator BJ’s Wholesale Club Holdings, Inc. reported that comparable club sales outside of fuel sales climbed 15.9 percent, with the inclusion of digitally...

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Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales Growth
Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales...
March 03, 2021  |  Retail

Dollar Tree, the country’s second-largest operator of discount stores, said Wednesday (March 3) that it is accelerating store growth and renovations this year as it...

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Ross Stores’ Traffic Lowered By Pandemic
Ross Stores’ Traffic Lowered By Pandemic
March 03, 2021  |  Retail

Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although...

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Lemonade Praises Product Diversity In Producing Earnings Beat
Lemonade Praises Product Diversity In Producing Earnings Beat
March 02, 2021  |  Earnings

Digital insurance player Lemonade reported better-than-expected results on Tuesday (Mar. 2), but failed to impress the market with its outlook on the coming year. The...

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MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021  |  eCommerce

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the...

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