Earnings

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

AMC Plans Global Reopening For July

AMC Plans Global Reopening For July
AMC Plans Global Reopening For July
June 09, 2020  |  Economy

AMC Entertainment, the U.S. theater chain, reported a decline in earnings for the first quarter ending March 31, with a $941.5 million drop in revenue....

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Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
June 09, 2020  |  Retail

Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. The department store retailer said it...

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Stitch Fix Misses Earnings Estimates, Pivots Business Model
Stitch Fix Misses Earnings Estimates, Pivots Business Model
June 08, 2020  |  Subscriptions

Stitch Fix is making a change to its business model that could prove consequential for the fashion apparent retailer and personal-styling service. Get the Full...

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Slack Revenues Soar, But Less Than Competitor Zoom
Slack Revenues Soar, But Less Than Competitor Zoom
June 05, 2020  |  Earnings

Slack, the San Francisco-based workplace messaging app, saw its revenues surge in the first quarter as working from home became the new reality amid the COVID-19 pandemic....

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Gap Inc Q1 eCommerce Sales Rise 13 Pct
Gap Inc Q1 eCommerce Sales Rise 13 Pct
June 05, 2020  |  Retail

With pandemic-related store closures driving a 43 percent year-over-year decline in sales, Gap Inc. reported a 13 percent year-over-year rise in Q1 eCommerce sales and...

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eBay Raises Q2 Expectations Due To Better Sales Than Anticipated
eBay Raises Q2 Expectations Due To Better Sales Than Anticipated
June 04, 2020  |  Earnings

eBay has raised its second quarter (Q2) earnings outlook on better-than-expected results during the COVID-19 pandemic. Get the Full Story Complete the form to unlock...

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Michaels Sees 296 Pct eCommerce Growth Amid Omnichannel Rollout
Michaels Sees 296 Pct eCommerce Growth Amid Omnichannel Rollout
June 04, 2020  |  Retail

The debut of new omnichannel features such as same-day delivery and curbside pickup, among other factors, helped fuel 296 percent eCommerce growth for The Michaels...

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Express Inc. Net Sales Drop 53 Pct Amid Pandemic
Express Inc. Net Sales Drop 53 Pct Amid Pandemic
June 03, 2020  |  Retail

As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of...

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American Eagle’s Digital Demand Jumps 33 Pct In Q1
American Eagle’s Digital Demand Jumps 33 Pct In Q1
June 03, 2020  |  Retail

American Eagle Outfitters, Inc.’s digital demand accelerated in the first quarter, powered by brand health and formidable shopper engagement. Management reported that online sales jumped...

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