Earnings

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

Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly

Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
February 26, 2021  |  Earnings

Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records...

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Foot Locker Comp Sales Drop 2.7 Pct
Foot Locker Comp Sales Drop 2.7 Pct
February 26, 2021  |  Retail

Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a...

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Airbnb Checks In With $3.9 Billion Loss; Predicts Travel Industry Comeback
Airbnb Checks In With $3.9 Billion Loss; Predicts Travel Industry Comeback
February 25, 2021  |  Earnings

Reflecting the travel industry’s pandemic-led decline, Airbnb held its first earnings call as a public company on Thursday (Feb. 25) reporting a respectable revenue line,...

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Etsy Earnings Show Shoppers Are Buying More Than Masks
Etsy Earnings Show Shoppers Are Buying More Than Masks
February 25, 2021  |  Earnings

Etsy offered stronger-than-expected results when its earnings went public just after the market closed Thursday (Feb. 25) with earnings and revenue both clocking in well...

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Domino’s Casts Doubt On The Future Of Aggregators
Domino’s Casts Doubt On The Future Of Aggregators
February 25, 2021  |  Retail

On Thursday (Feb. 25), Domino’s Pizza, Inc. reported 12 percent global retail sales growth in 2020’s fourth quarter (down from 14.8 percent growth the previous...

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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Square: Omnichannel Sellers Accounted For More Than 50 Pct Of GPV In 4Q
Square: Omnichannel Sellers Accounted For More Than 50 Pct Of GPV In 4Q
February 24, 2021  |  Earnings

The digital shift has been firmly cemented in the wake of the pandemic, and merchants are meeting the challenge by meeting consumers where they want...

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Airbnb Books Earnings Date With New Product Announcement
Airbnb Books Earnings Date With New Product Announcement
February 24, 2021  |  Earnings

The year 2020 was, to put it mildly, a difficult one for nearly all travel industry players, as consumers’ enthusiasm for travel bottomed out in...

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