Earnings

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

Department Stores Continue Slide As Nordstrom Reports 22 Pct Holiday Drop
Department Stores Continue Slide As Nordstrom Reports 22 Pct Holiday Drop
January 13, 2021  |  Earnings

Showing the continued struggles of retail stores in the pandemic era, Nordstrom reported a 22 percent net sales decline for the nine-week holiday period that...

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Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
January 13, 2021  |  Earnings

The start of earnings season typically is marked by banks’ reports – and a slew of them report this week, clustered on Friday (Jan. 15)....

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Target Doubles Holiday Digital Sales; In-Store Comps Up 4.2 Percent
Target Doubles Holiday Digital Sales; In-Store Comps Up 4.2 Percent
January 13, 2021  |  Retail

Target reported Wednesday (Jan. 13) that comparable digital sales more than doubled during the holiday period, while in-store sales also surprisingly grew despite the pandemic....

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Albertsons Reports 225 Pct Digital Sales Growth
Albertsons Reports 225 Pct Digital Sales Growth
January 12, 2021  |  Retail

Albertsons Companies, Inc. reported digital sales growth of 225 percent and identical sales growth of 12.3 percent as part of its Q3 fiscal 2020 results,...

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Carnival Reports $2.2 Billion Q4 Loss As US Cruises Stay Docked
Carnival Reports $2.2 Billion Q4 Loss As US Cruises Stay Docked
January 11, 2021  |  Earnings

Cruise ship operator Carnival is looking at a loss of $2.22 billion for the fourth quarter ending Nov. 30 because of the pandemic’s shutdown of...

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US Banks’ Q4 Profits May Drop Up To 40 Pct
US Banks’ Q4 Profits May Drop Up To 40 Pct
January 11, 2021  |  Earnings

When the largest banks in the U.S. start reporting fourth-quarter results, it is expected that profits will be down by as much as 40 percent...

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Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand
Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand
January 11, 2021  |  Retail

Build-A-Bear Workshop, Inc. anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal...

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PriceSmart Net Merchandise Sales Rise 7.7 Pct
PriceSmart Net Merchandise Sales Rise 7.7 Pct
January 08, 2021  |  Retail

Warehouse club retailer PriceSmart, Inc. reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 percent to $838.4 million from...

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Bed Bath & Beyond Nearly Doubles Digital Sales Even As Brick-And-Mortar Tanks
Bed Bath & Beyond Nearly Doubles Digital Sales Even As Brick-And-Mortar Tanks
January 07, 2021  |  Retail

Bed Bath & Beyond reported Thursday (Jan. 7) that digital sales nearly doubled during the company’s fiscal third quarter even as overall sales fell 5...

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