Earnings

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

Retail Clothing Sales Down 24 Percent, Worst Since ‘08

Retail Clothing Sales Down 24 Percent, Worst Since ‘08
Retail Clothing Sales Down 24 Percent, Worst Since ‘08
May 31, 2019  |  Retail

Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since...

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Uber Q1 Earnings Call Touts Rational Market; Lyft Shares Rise
Uber Q1 Earnings Call Touts Rational Market; Lyft Shares Rise
May 31, 2019  |  Ridesharing

In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within...

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Uber’s Growth Slows Sharply
Uber’s Growth Slows Sharply
May 31, 2019  |  Earnings

All eyes were on Uber's first quarterly report as a publicly traded company. Management pointed to some improvements in the competitive pricing dynamics in ridesharing...

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DICK’S Sporting Goods eCommerce Sales Rise 15 Pct In Q1
DICK’S Sporting Goods eCommerce Sales Rise 15 Pct In Q1
May 29, 2019  |  Retail

With better-than-expected revenues and earnings, DICK’S Sporting Goods’ eCommerce sales jumped 15 percent in the first quarter. The company’s overall reported quarterly earnings beat estimates...

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Tariff Battle May See Mounting Retail Casualties
Tariff Battle May See Mounting Retail Casualties
May 27, 2019  |  Cross-border Payments

Trade wars leave casualties on the economic battlefield, wounding balance sheets and earnings as the costs to import (and sell) goods mounts. That’s especially true...

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Massmart Slashes EPS Forecast, Names Walmart Exec As CEO
Massmart Slashes EPS Forecast, Names Walmart Exec As CEO
May 23, 2019  |  Earnings

With consumers reigning in spending in South Africa, retailer Massmart cuts its earnings per share forecast for the first half of the year and named...

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Lowe’s Sees Online Sales Rise 16 Pct.; Shares Hit By High Costs
Lowe’s Sees Online Sales Rise 16 Pct.; Shares Hit By High Costs
May 22, 2019  |  Earnings

Lowe’s reported its Q1 earnings on Wednesday (May 22), and the results were mixed – the company’s online sales were up 16 percent, while shares...

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Unexpected eCommerce Boost Pushes Earnings Beat For Target
Unexpected eCommerce Boost Pushes Earnings Beat For Target
May 22, 2019  |  Retail

Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Get...

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