Profits

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People shopping at Primark
Retail

Primark owner AB Foods expects ‘significant growth’ in profits for 2024 as inflation eases in recession-affected markets like the U.K.

By Jennifer Creery, Deirdre Hipwell and Bloomberg
April 23, 2024
Yeezy Foam shoes are seen at a store in Krakow, Poland
Retail

Adidas predicts profit boost due to strong demand for the classic Samba – whilst continuing to shed Yeezy stock

By Tim Loh and Bloomberg
April 17, 2024
Ije Nwokorie
Retail

Dr Martens appoints former Apple senior director as CEO; amid bleak earnings

By Chloé Meley and Bloomberg
April 16, 2024
A logo sits on display above a Tesco Plc supermarket
Retail

Britain’s largest grocer sees profits soar as inflation falls 4.5% – despite ‘threats from all sorts of angles’

By Jennifer Creery and Bloomberg
April 10, 2024
Atlantic City casinos were less profitable in 2023 even with a boost from New Jersey’s booming online gambling market
Finance

Atlantic City casinos were less profitable in 2023 even with a boost from New Jersey’s booming online gambling market

By Wayne Parry and The Associated Press
April 9, 2024
Simon Wolfson, chief executive officer of Next Plc
Retail

U.K. retailer Next, owner of Reiss and Fat Face, beats expectations as it posts record profits. ‘We are now entering a new era’ says CEO Simon Wolfson

By Jennifer Creery and Bloomberg
March 21, 2024
Stellantis CEO warns of EV ‘bloodbath’ and ‘race to the bottom’ if car makers follow Elon Musk’s lead and start cutting prices
Finance

Stellantis CEO warns of EV ‘bloodbath’ and ‘race to the bottom’ if car makers follow Elon Musk’s lead and start cutting prices

By
January 19, 2024
Bored male freelancer on a meeting with his colleagues in the office.
Success

Prioritizing wellness at work could relieve America of its $1.5 trillion presenteeism problem in which employees are just pretending to work, 100-page report finds 

By
December 14, 2023
Business people talking behind window in office meeting
Newsletters

What chief diversity officers get wrong when arguing DEI’s business case

By
November 1, 2023
three nokia phones lined up
Tech

Former phone giant Nokia saw a dramatic drop in profits and is now cutting up to 14,000 jobs in response

By
October 19, 2023
America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist
Finance

America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist

By
June 15, 2023
The A.I. boom will boost corporate profits 30% or more over the next decade, according to a Goldman Sachs senior strategist
Tech

The A.I. boom will boost corporate profits 30% or more over the next decade, according to a Goldman Sachs senior strategist

By
May 18, 2023
‘Greedflation’ is the European Central Bank’s latest headache amid fears it’s the key culprit for price hikes
Finance

‘Greedflation’ is the European Central Bank’s latest headache amid fears it’s the key culprit for price hikes

By Jana Randow, Aaron Eglitis and Bloomberg
April 27, 2023
As inflation soared, American corporations just racked up their biggest profit margins since 1950
Finance

As inflation soared, American corporations just racked up their biggest profit margins since 1950

By Reade Pickert and Bloomberg
August 25, 2022
BP second quarter earnings results
Environment

Here’s a breakdown of the numbers making people so mad at this oil giant’s bumper $8.45 billion Q2 profits

By
August 2, 2022

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