Earnings

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

Bed Bath & Beyond’s Shares Plummet On Q3 Earnings Miss

Bed Bath & Beyond’s Shares Plummet On Q3 Earnings Miss
Bed Bath & Beyond’s Shares Plummet On Q3 Earnings Miss
January 10, 2020  |  Retail

After Bed Bath & Beyond Inc. pulled its year forecast following its missed Q3 estimates, the home goods retailer’s stock fell to its lowest intraday...

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Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
January 07, 2020  |  Earnings

Pier 1 said on Monday (Jan. 6) that it intends to close nearly half of its 942 locations, according to CNBC, fueling rumors of bankruptcy...

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FedEx Expects To Surpass Amazon Next Year
FedEx Expects To Surpass Amazon Next Year
December 18, 2019  |  Delivery

FedEx posted disappointing Q2 earnings results, but in a call with investors, the company’s CFO said it will not only rebound but surpass Amazon in...

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FedEx Sees Shares Slide After Slashing Profit Forecasts
FedEx Sees Shares Slide After Slashing Profit Forecasts
December 18, 2019  |  Earnings

FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent to $152.62. The...

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Amazon Nixes FedEx Ground For Prime Deliveries
Amazon Nixes FedEx Ground For Prime Deliveries
December 16, 2019  |  Amazon Delivery

Amid the Christmas shipping frenzy, Amazon told sellers that they can no longer use FedEx Ground for Prime shipments due to unpredictable service, the Wall...

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Costco Sees Sales Boost Amid Brick-and-Mortar Focus
Costco Sees Sales Boost Amid Brick-and-Mortar Focus
December 13, 2019  |  Retail

Costco, the big-box membership retail store, has seen its sales continuously rise throughout the holiday season, according to a report by The Wall Street Journal....

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Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
December 10, 2019  |  Retail

The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations, along with lower...

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Moody’s Predicts Bleak Outlook For Department Stores
Moody’s Predicts Bleak Outlook For Department Stores
December 10, 2019  |  Earnings

As 2019 winds down, Moody’s and Goldman Sachs predict a weak outlook for department stores, CNBC reported on Monday (Dec. 9). Get the Full Story...

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Piper Jaffray Analysts Bullish On Facebook
Piper Jaffray Analysts Bullish On Facebook
December 03, 2019  |  Investments

Piper Jaffray analysts gave Facebook a bullish initiation and overweight rating, citing the social media giant’s finesse in handling bad press while at the same...

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