The RealReal Cuts 230 Jobs in Streamlining Effort Aimed at Reaching Profitability
The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or…
News February 17
Latest In: profit
Target Net Earnings Drop 90% in Q2 2022 While Walmart Sees Grocery Growth
Inventory markdowns weighed on Target in Q2 2022 as its net earnings dropped to $183 million, down almost…
News August 17
Amazon Posts 55% Q4 Profit Rise Off Holiday 2016
Amazon had yet another lucrative holiday season, capping off 2016 with a 55% year-over year profit increase to…
News February 3
Amazon Earns Sixth Straight Quarterly Profit — Yet Misses Estimates
Amazon reeled in profits for the sixth straight quarter and matched revenue estimates with $32.7 billion, but the…
News October 28
Amazon Profits Pass $850 Million In Q2 As Cloud Service Sales Climb 58%
Amazon had yet another profitable quarter — its fifth straight — with net revenues increasing 31% to $30.4…
News August 1
Uniqlo Parent Downgrades Profit Guidance For Third Time In Six Months
Fast Retailing, the Japan-based parent company of Uniqlo, cut its full-year profit estimates for the third time within…
News July 14How Will Apple Bounce Back From Its First Loss In 13 Years?
Apple, a business well known far and wide for its constant innovation and financial success, hit its first…
Executive Viewpoints May 4
Amazon Turns A Profit For The Second Straight Quarter
For the second straight quarter, Amazon posted a profit, backed heavily by strong North American sales and growth…
News October 23
Amazon Turns Rare Profit, Announces 20% Sales Increase For Q2
Amazon has reported that net sales have increased by 20% in Q2 2015, from $19.34 billion in Q2…
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