Earnings

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

Lowe’s US Home Improvement Comps Rise 12.3 Pct

Lowe’s US Home Improvement Comps Rise 12.3 Pct
Lowe’s US Home Improvement Comps Rise 12.3 Pct
May 20, 2020  |  Retail

As it responded to the pandemic by providing support for associates, shoppers and communities, Lowe’s Companies, Inc. reported that comparable sales for the U.S. home...

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Target’s Digital Comp Sales Rocket 141 Pct
Target’s Digital Comp Sales Rocket 141 Pct
May 20, 2020  |  Retail

Target Corporation’s digital comparable sales rocketed during the first quarter, rising 141 percent and comprising 9.9 percentage points of Target’s comparable sales growth. Digital comparable...

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Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid...
May 19, 2020  |  News

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid...

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Kohl’s Leans Into Digital During Pandemic Store Closures
Kohl’s Leans Into Digital During Pandemic Store Closures
May 19, 2020  |  Earnings

As it leaned into its digital businesses with its stores closed amid the pandemic, Kohl’s Corporation saw its digital sales rise 24 percent for the quarter...

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What Walmart’s Earnings Are Teaching The World About The New American Consumer
What Walmart’s Earnings Are Teaching The World About The New American Consumer
May 19, 2020  |  Earnings

When the going gets tough, the tough go to Walmart. That’s one of the main takeaways to come out of Walmart’s first-quarter earnings release Tuesday (May...

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Walmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart Crushes Earnings; eCommerce Soars 74 Pct
May 19, 2020  |  Retail

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up...

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Kohl’s Sales Plunge 43.5 Pct Amid Pandemic
Kohl’s Sales Plunge 43.5 Pct Amid Pandemic
May 19, 2020  |  Retail

As it took fast and aggressive steps to respond to the pandemic, steps that resulted in positive operating cash flow, Kohl’s reported a first quarter...

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Walmart Consumer Foot Traffic Rebounds After March Drop
Walmart Consumer Foot Traffic Rebounds After March Drop
May 18, 2020  |  Walmart

Panic buying at supermarkets peaked in mid-March as the pandemic turned shoppers into hoarders emptying shelves of toilet paper, disinfectant wipes and paper towels. Get...

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Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
May 13, 2020  |  Earnings

China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with total net revenues of $15.2 billion, up 26 percent from the...

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