Earnings

Kohl’s is trying to make its stores a destination again once the pandemic subsides

During its fourth quarter earnings, Kohl's executives focused their remarks on how the company plans to bring shoppers back to store next year. The company reported today that during its fourth quarter, net sales were down 10% year-over-year, while online sales were up 22%. Kohl's still managed to report a profit of $343 million. Now, Kohl's is preparing for the launch of a new private label athleisure brand later this month, as well as the launch of new Sephora shop-in-shops in August, to try and drive customers back to stores.

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  • FEB 19, 2021

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  • FEB 05, 2021

    Despite record growth, Peloton’s supply chain is hurting its bottom line

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  • FEB 02, 2021
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    The fourth quarter closed out a record year for the company, and it put Amazon’s overall net sales in 2020 at $386.1 billion -- up a full 38% from 2019. That growth is buoyed by a big year for its third-party seller and its rapidly growing ads business. In its predictions for next quarter, Amazon only expects those gains to slow down slightly.

  • NOV 17, 2020

    With sales growth slowing, Walmart is looking for more longterm business boosts

    During its third quarter earnings on Tuesday, Walmart reported slower sales growth compared to the prior quarter. America's biggest retail chain is seeing fewer people panic-buying compared to the earlier days of the pandemic, and its shoppers have less money to spend as any enhanced benefits from the CARES Act have no run out. However, Walmart's e-commerce business in particular continues to make steady gains against competitors.

  • OCT 29, 2020

    Record growth and third-party seller sales: Amazon’s third quarter earnings annotated

    Amazon unsurprisingly posted record third quarter earnings. Sales exceeded expectations, as did profit. Still there were a few things of note. Amazon didn't highlight its third-party sellers as much as past years, for example. It did, however, nod to its growing suite of new revenue engines. Here's a look at the e-commerce giant's most recent earnings.

  • OCT 01, 2020

    Pepsi’s e-commerce business nearly doubled this past quarter

    PepsiCo.'s latest quarterly earnings show tremendous growth among digital channels. They include e-commerce sites like Snacks.com and Pantryshop.com, whose sales have doubled since launching in May. This growth is the latest evidence that big CPG brands are taking steps to ease their reliance on wholesale and better compete with emerging brands. Recent examples include Clorox's big foray into DTC, as well as Heinz Kraft's Heinz to Home platform it operates in the U.K.

  • SEP 22, 2020

    Nike’s sales almost return to pre-coronavirus levels thanks to digital growth

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  • AUG 28, 2020

    While other dollar stores falter, Dollar General continues to soar

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  • AUG 20, 2020

    Despite political tensions, Alibaba’s international expansion is paying off

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  • AUG 18, 2020

    Walmart’s focus shifts to retention as e-commerce sales grow 97%

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  • JUL 31, 2020

    Why Blue Apron’s profitability likely won’t last beyond the pandemic

    Blue Apron recorded its first profitable quarter since going public three years ago. However, the meal kit service's luck is likely to end here, as mounting struggle to retain customers and the costs of attracting new ones continue. For its third quarter outlook, the company plans to ramp up marketing dollars again, in hopes of attracting new customers, and that likely will come at the cost of current profits.

  • JUL 30, 2020

    Amid Congressional scrutiny, Amazon posts 40% growth in second quarter

    Amazon saw huge profits in its most recent earnings report. This comes even after the company say three months earlier it would likely spend all of its current profits on coronavirus-related costs. Even so, the company saw record sales and continues to skyrocket. But tensions with third-party sellers still remain a pressure point.

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