Earnings

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

Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results

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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JPMC: CEOs Lack Confidence In 2020 Earnings Growth
JPMC: CEOs Lack Confidence In 2020 Earnings Growth
November 28, 2019  |  Earnings

One JPMorgan Chase executive says that CEOs are a bit nervous about earnings growth next year. Get the Full Story Complete the form to unlock...

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OYO May Not See Profits In China, India Until 2022
OYO May Not See Profits In China, India Until 2022
November 25, 2019  |  Startups

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022,...

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Gap Inc Comp Sales Drop 4 Pct, Athleta Reports Nearly 5 Pct Of Online Sales From BOPIS
Gap Inc Comp Sales Drop 4 Pct, Athleta Reports Nearly 5 Pct Of Online Sales...
November 22, 2019  |  Earnings

In the wake of the departure of former CEO Art Peck amid sluggish sales, Gap Inc. reported that fiscal year 2019 comparable sales were down 4 percent versus flat last...

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Sluggish Sales Sink Macy’s Earnings
Sluggish Sales Sink Macy’s Earnings
November 21, 2019  |  Earnings

The mall has not been kind to Macy’s, or at least that was the takeaway from the retailer’s earnings report released earlier today (Nov. 21)....

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eCommerce Powers Target’s Big Q3 Beat
eCommerce Powers Target’s Big Q3 Beat
November 20, 2019  |  Earnings

It was a big day for Target on the public markets as the big-box retailer rolled out its Q3 earnings reports with better than expected...

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