Earnings

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

Wells Fargo’s Q2 Disappoints After Scandals
Wells Fargo’s Q2 Disappoints After Scandals
July 13, 2018  |  Earnings

Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than expected earnings and...

READ MORE >
JPMorgan 2Q Sees Digital Customers Up 5 Pct
JPMorgan 2Q Sees Digital Customers Up 5 Pct
July 13, 2018  |  Earnings

JPMorgan Chase reported second-quarter results that, while boosted by strong trading activity, also showed traction in its digital and mobile banking efforts. The headline numbers: Earnings...

READ MORE >
H&M Strives To Unload Excess Inventory
H&M Strives To Unload Excess Inventory
July 02, 2018  |  Earnings

Here come the clothing sales: H&M, burned by approximately $4 billion in excess inventory, will offer more clothing discounts for consumers in the third quarter...

READ MORE >
Starbucks Announces Its CFO Is Retiring
Starbucks Announces Its CFO Is Retiring
June 29, 2018  |  Retail

Starbucks has revealed that Chief Financial Officer Scott Maw will retire at the end of November. According to Reuters, the surprise departure sent the coffee...

READ MORE >
Walgreens Fiscal 3Q Results Top Street, But Retail Sales Slip
Walgreens Fiscal 3Q Results Top Street, But Retail Sales Slip
June 28, 2018  |  Earnings

Walgreens Boots Alliance Inc.’s latest earnings results came in above the Street on Thursday (June 28), boosted by the buyout of several Rite Aid stores....

READ MORE >
Grocers Reduce Friction At Checkout
Grocers Reduce Friction At Checkout
June 25, 2018  |  Today In Data

The checkout line can be a pain point for consumers, but cashier-less stores seek to make the trip to the grocery store a bit easier. At convenience...

READ MORE >
Kroger Beats Q1 Estimates Amid Restock Kroger
Kroger Beats Q1 Estimates Amid Restock Kroger
June 21, 2018  |  Earnings

As Kroger cuts prices and tests out new ways to sell products with its Restock Kroger program, the grocer beat earnings estimates for the first...

READ MORE >
Michaels Faces A Big Share Price Drop-Off
Michaels Faces A Big Share Price Drop-Off
June 15, 2018  |  Retail

Craft store Michaels is reeling from a rough day on the market, suffering through its biggest single-day share price drop since its initial public offering...

READ MORE >
Ahead of Go-Private Deal, Verifone Q2 Report Details LatAm, EMEA Growth
Ahead of Go-Private Deal, Verifone Q2 Report Details LatAm, EMEA Growth
June 11, 2018  |  Earnings

With weeks to go before its “go private” deal, Verifone reported earnings Friday that showed mixed results. Net revenues were $438 million.  Gross margins were...

READ MORE >