Earnings

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

Digital De-Evolution: Ross Stores Takes Q2 Hit

Digital De-Evolution: Ross Stores Takes Q2 Hit
Digital De-Evolution: Ross Stores Takes Q2 Hit
August 21, 2020  |  Retail

Ross Stores might want to check out this eCommerce thing. While its competitors were able to post some online revenue as their stores were closed...

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Foot Locker Reports 18.6 Pct Comp Sales Rise
Foot Locker Reports 18.6 Pct Comp Sales Rise
August 21, 2020  |  Retail

Foot Locker, Inc. reported that second-quarter comparable-store sales rose 18.6 percent, as the sportswear retailer reported better-than-expected earnings and reinstated its quarterly dividend program, according...

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Alibaba’s Annual Active Consumers On China Marketplaces Hit 742M
Alibaba’s Annual Active Consumers On China Marketplaces Hit 742M
August 20, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Thursday (Aug. 20) that suggested that the company benefited from the digital shift that has been quickened by...

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Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On Prime Schedule
Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On...
August 19, 2020  |  News

In today’s top news, Uber is considering switching to a franchise model in California to avoid reclassifying its gig workers, and Amazon wants third-party sellers...

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Target Out-Walmarts Walmart With Digital 3.0 Blowout
Target Out-Walmarts Walmart With Digital 3.0 Blowout
August 19, 2020  |  Retail

The mega-retail blowout continued this week, as Target posted record Q2 earnings Wednesday (Aug. 19) with evidence that the digital shift is moving from pandemic...

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Lowe’s Reports 135 Pct eCommerce Sales Spike
Lowe’s Reports 135 Pct eCommerce Sales Spike
August 19, 2020  |  Retail

Lowe’s Companies, Inc. reported on Wednesday (Aug. 19) that Lowes.com sales have skyrocketed 135 percent and U.S. comparable sales increased 35.1 percent for the second...

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TJX’s Open-Only Comp Sales Fall 3 Pct Amid Pandemic
TJX’s Open-Only Comp Sales Fall 3 Pct Amid Pandemic
August 19, 2020  |  Retail

TJX Cos. announced on Wednesday (Aug. 19) that its overall “open-only comp store” sales were down 3 percent compared to last year for Q2 FY21....

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Walmart Earnings Show Another eCommerce Blowout
Walmart Earnings Show Another eCommerce Blowout
August 18, 2020  |  Retail

Walmart rode another eCommerce blowout and strong performance in its grocery business to a second quarter that exceeded all expectations and showed its continued growth...

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