The holiday season is so crucial for Toys ‘R’ Us that the toy mega-chain made sure to file for Chapter 11 bankruptcy well before the shopping season kicks off, yet promised not to close any stores before the end of that crucial season. However, in its quarterly earnings report, Hasbro, the country’s second-largest toymaker, says that the retailer’s bankruptcy will affect its own earnings for the rest of this year. [More]
earnings reports
Chipotle Sales Still Down: Customers Have Come Back, But Don’t Return As Often
By 7.22.16
Chipotle Mexican Grill founder and co-CEO Steve Ells told investors, analytsts, and reporters in a conference call late yesterday that the company’s sales recovery “continued at a modest pace” over the last few months. Translation: as polls before this earnings release predicted, customers still aren’t coming back. Comparable store sales are still low, but the company is profitable again, and it has great hopes for its summer rewards program. [More]
AOL Still Has 2.4 Million Paying Subscribers
By 5.7.14
For most of our readers, AOL is is a distant memory: you probably still have an Instant Messenger account around somewhere, and your favorite aunt uses it for e-mail. Oh, and you think that they might own some sites you visit sometimes, like Joystiq and TechCrunch. However, even as it works hard at becoming a content company, AOL still earns a lot of money from selling Internet service to people, including dialup. [More]
Netflix Now Considers Itself A Streaming Company That Happens To Also Mail DVDs
By 10.21.10
Netflix is now an online content streaming company that has a nice little side business in mailing DVDs, according to CEO Reed Hastings. [More]
