Earnings

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

Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook

Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
July 01, 2020  |  Retail

Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus...

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Nike Says The Last Dance Will Be With Digital 3.0
Nike Says The Last Dance Will Be With Digital 3.0
June 26, 2020  |  Retail

The headlines about Nike’s Q4 earnings announcement focused on what would be a staggering loss at any other time. But the real story is a...

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Carnival Loses $4.4B As Cruise Industry Sank In Q2
Carnival Loses $4.4B As Cruise Industry Sank In Q2
June 18, 2020  |  Earnings

Carnival Corp. posted a $4.4 billion loss in the second quarter as the cruise industry was docked due to COVD-19, the company reported Thursday (June...

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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic
Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic
June 18, 2020  |  Retail

Designer Brands Inc. reported that net sales plunged by 44.7 percent to $482.8 million in the first quarter of fiscal year 2020, compared to the same...

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1-800-Flowers Doubles Financial Guidance
1-800-Flowers Doubles Financial Guidance
June 18, 2020  |  Retail

With Mother’s Day solidly in its pocket, 1-800-Flowers adjusted its sales projections upward Thursday (June 18) as the gift and flower eCommerce company saw record...

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Kroger’s Digital 3.0 Shift Boosts Its First-Quarter Earnings
Kroger’s Digital 3.0 Shift Boosts Its First-Quarter Earnings
June 18, 2020  |  Retail

Kroger posted a monster first quarter on both sides of the aisle Thursday (June 18) as consumers showed they will visit grocery stores with the...

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Kroger Earnings Expected To Show Benefit Of Digital Shift
Kroger Earnings Expected To Show Benefit Of Digital Shift
June 17, 2020  |  Retail

Kroger is expected to post better than expected earnings tomorrow on both sides of the grocery aisle — offline and digital. Analysts expect the company...

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McDonald’s Reports Sales Slipped In May
McDonald’s Reports Sales Slipped In May
June 16, 2020  |  Earnings

All but 5 percent of McDonald’s restaurants are open, but that has done little to improve sales. Get the Full Story Complete the form to...

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What McDonald’s Figures Tell Us About Restaurants’ Road To Recovery
What McDonald’s Figures Tell Us About Restaurants’ Road To Recovery
June 16, 2020  |  Earnings

As the world’s largest quick-service restaurant (QSR) chain, McDonald’s has unsurprisingly been hit hard by coronavirus-related shutdowns. The firm reported Tuesday (June 16) that same-stores...

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