Earnings

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

Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound

Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound
Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound
August 06, 2020  |  Retail

Adidas AG, the global sneaker maker, revealed losses of nearly $400 million in the second quarter (Q2) amid store closures to prevent the spread of...

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Fiserv’s Bisignano: ‘Order Ahead Has Become A Way Of Life’
Fiserv’s Bisignano: ‘Order Ahead Has Become A Way Of Life’
August 06, 2020  |  Earnings

Reporting revenues of $3.47 billion for its second quarter 2020 — a jump of 129 percent from Q2 2019 — Fiserv President and CEO Frank Bisignano...

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Etsy’s Total Revenue Up 136.7 Pct YoY, Boosted By 11.5 Million New Buyers
Etsy’s Total Revenue Up 136.7 Pct YoY, Boosted By 11.5 Million New Buyers
August 05, 2020  |  Earnings

Online crafts giant Etsy Inc. reported huge Q2 gains Wednesday (Aug. 5) in its total number of buyers, sellers and gross merchandise sales as COVID...

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Carvana Posts 13 Pct Hike In Revenue Over 2019
Carvana Posts 13 Pct Hike In Revenue Over 2019
August 05, 2020  |  Earnings

Carvana, which works in the market of selling used cars online, announced its revenue was sitting at $1.12 billion and that it had sold 55,098...

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Square Lands Hard On Cryptocurrency
Square Lands Hard On Cryptocurrency
August 05, 2020  |  Earnings

Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from...

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Beyond Meat Q2 Earnings Saved By Grocery
Beyond Meat Q2 Earnings Saved By Grocery
August 05, 2020  |  Earnings

A vintage Burger King ad once asked, “Where’s the beef?” In Q2, millions replied, “Who cares?” as they drove a near tripling of plant-based Beyond Meat product...

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Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  News

In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping...

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CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
August 05, 2020  |  Retail

CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total...

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