Earnings

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

Past Macy’s CEO Foresees More Retail Store Closings In 2021

Past Macy’s CEO Foresees More Retail Store Closings In 2021
Past Macy’s CEO Foresees More Retail Store Closings In 2021
December 22, 2020  |  Retail

Amid a year in which over 11,000 retail closings have been announced, past Macy’s CEO Terry Lundgren foresees that disruption to the retail vertical related...

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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results
FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results
December 18, 2020  |  Earnings

FedEx reported on Friday (Dec. 18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. domestic residential package...

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Nike’s Digital Sales Surge 80 Pct
Nike’s Digital Sales Surge 80 Pct
December 18, 2020  |  Earnings

Nike reported on Friday (Dec. 18) as part of its Q2 fiscal 2021 financial results that its flagship Nike brand’s digital sales surged 80 percent...

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Darden Reports 19.4 Pct Drop In Same-Store Sales, Launches ‘Curbside I’m Here’ Amid Pandemic
Darden Reports 19.4 Pct Drop In Same-Store Sales, Launches ‘Curbside I’m Here’ Amid Pandemic
December 18, 2020  |  Earnings

Darden Restaurants, Inc. reported Friday (Dec. 18) as part of its fiscal Q2 2021 earnings that total sales dropped 19.4 percent — fueled by a...

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Rite Aid Reports 12 Pct Rise In Revenues
Rite Aid Reports 12 Pct Rise In Revenues
December 17, 2020  |  Retail

Rite Aid Corporation reported on Thursday (Dec. 17) as part of its Fiscal 2021 Q3 results that revenues rose 12 percent, fueled by expansion in...

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Academy Sports And Outdoors Reports 16.5 Pct Rise In Comp Sales
Academy Sports And Outdoors Reports 16.5 Pct Rise In Comp Sales
December 10, 2020  |  Retail

Academy Sports and Outdoors, Inc. reported on Thursday (Dec. 10) that comparable sales for Q3 2020 rose 16.5 percent over Q3 2019, according to a...

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G-III Apparel Group Reports 26.7 Pct Drop In Net Sales
G-III Apparel Group Reports 26.7 Pct Drop In Net Sales
December 08, 2020  |  Retail

G-III Apparel Group, whose owned brands include DKNY and G.H. Bass, among others, reported Tuesday (Dec. 8) that net sales plunged 26.7 percent as its Wilsons Leather...

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Big Lots Q3 Earnings Break Records, Blow Past Forecasts
Big Lots Q3 Earnings Break Records, Blow Past Forecasts
December 04, 2020  |  Retail

Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. Get the Full Story Complete...

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