Earnings

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

Kohl’s, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals
Kohl’s, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals
August 29, 2024  |  Earnings

The financial results for four major retailers — Kohl’s, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range...

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Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions
Best Buy Refines Customer Experience With Personalized Tech and AI-Driven Solutions
August 29, 2024  |  Retail

For Best Buy CEO Corie Barry, elevating the customer experience is paramount. Despite recent challenges in the home theater, gaming and appliances categories, Barry is steering...

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Nvidia Faces Growth Slowdown Despite Strong Q2 AI Demand
Nvidia Faces Growth Slowdown Despite Strong Q2 AI Demand
August 29, 2024  |  Artificial Intelligence

Nvidia’s latest earnings report released Wednesday (Aug. 28) revealed a paradox: record-breaking revenue fueled by artificial intelligence chip demand, yet a deceleration in growth that...

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Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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Foot Locker’s Strategic Overhaul Shows Early Success in Q2
Foot Locker’s Strategic Overhaul Shows Early Success in Q2
August 28, 2024  |  Retail

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives...

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Chewy Sees Promise in Vet Clinics and Payoff From App Investments
Chewy Sees Promise in Vet Clinics and Payoff From App Investments
August 28, 2024  |  Earnings

Chewy said its investment in veterinary clinics is helping it attract new customers. The online pet product retailer released quarterly earnings Wednesday (Aug. 28) showing...

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Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024  |  Retail

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said...

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nCino: International Banks Lag U.S. Peers in Digital Transformation
nCino: International Banks Lag U.S. Peers in Digital Transformation
August 27, 2024  |  Digital-First Banking

Digital transformation can come even to industries where change happens slowly. As the financial services industry grapples with the rapid pace of digital transformation, cloud...

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Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
August 27, 2024  |  IPO

Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s...

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