Tag: revenues,
Earnings: Chewy (CHWY) swings to profit in Q4 on higher revenues
Chewy Inc. (NYSE: CHWY) has reported higher sales for the fourth quarter of 2022. Reflecting the strong top-line growth, the pet food company turned to profit from a loss last […]
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Earnings: Darden Restaurants (DRI) Q3 profit rises on higher revenues
Darden Restaurants, Inc. (NYSE: DRI) announced financial results for the third quarter of 2023, reporting higher earnings and sales. The restaurant chain also provided guidance for the full fiscal year. […]
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Epic will share 40% of Item Shop revenues with Fortnite island creators: ‘There’s no need to design cunning monetization loops’ anymore
Epic is going to give 40 percent of Fortnite’s net revenues back to creators
Epic Games is trying to make a better economy for Fortnite creators with what its calls “Creator Economy 2.0,” which it announced at its State of Unreal keynote on Wednesday.
Previously, Epic creators participated in the company’s “Support-A-Creator” program. In the program, creators were issued individual codes, and if somebody bought something in the Fortnite store with that code, that creator would get 5 percent of your purchase. But the significant downside of that model is that creators would have to promote their code and just hope that people would remember to use it when making purchases.
Fortnite generates “billions” of dollars of revenue per year from purchases of outfits and items from the game’s in-game shop, Saxs Persson,…
Blue Apron Holdings (APRN) Q4 loss narrows; revenues flat
Blue Apron Holdings, Inc. (NYSE: APRN) has reported a narrower net loss for the fourth quarter of 2022 when the company’s revenues remained unchanged. The fourth quarter net loss was […]
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