Earnings

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

Despite Amazon Relationship, Kohl’s Has Sour Holiday Season

Despite Amazon Relationship, Kohl’s Has Sour Holiday Season
Despite Amazon Relationship, Kohl’s Has Sour Holiday Season
January 10, 2020  |  Retail

The year is off to a less-than-stellar start for Kohl’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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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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