Profit
American Airlines lifts profit view on higher pricing, sales strategy correction
The airlines’ pricing power has also improved as the industry cuts down excess capacity in the domestic marketAmerican Airlines lifted its annual profit forecast on Thursday (Oct 24), recovering...
UPS sees profit growth for first time in nearly 2 years
United Parcel Service (UPS) returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and...
Nasdaq’s third-quarter profit rises on fintech strength
NASDAQ reported a rise in third-quarter profit on Thursday (Oct 24), helped by strong demand in its solutions business that houses the exchange operator’s financial technology products.
The company’s shares...
Hasbro profit beats estimates as cost cuts offset weak toy demand
HASBRO’S cost-saving efforts helped the Monopoly owner surpass Wall Street estimates for profit in the third quarter, despite weak consumer spending on toys driving a steeper-than-expected drop in sales.
Toymakers...
India’s Adani Wilmar posts profit in Q2 on higher demand for edible oils
INDIA’S Adani Wilmar reported a profit for the second quarter on Thursday (Oct 24), buoyed by higher demand for its edible oils and food segments.
The company reported a consolidated...
Unilever India misses profit estimate as low demand persists
HINDUSTAN Unilever, India’s biggest household products maker, reported second-quarter profit that missed expectations amid a lingering spell of weak demand for consumer goods.The Indian unit of Unilever saw net...
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales forecast heading into the crucial holiday...
Kering warns of lowest profit since 2016 as Gucci suffers
KERING warned that its annual profit will fall to the lowest level since 2016 as a slump in Chinese demand for luxury goods hampers a turnaround of the French...
