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Sainbury's clothing sales take hit as H1 profit slumps

2019-11-07 13:56:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket retailer Sainsbury's has seen its clothing sales fall in the first half, as it revealed a slump in group earnings hurt by phased cost savings and tough weather comparisons.

Tags: sales hit clothing profit

 

Marathon Profit Plunges As Weak Prices Offset Higher Shale Output

2019-11-07 11:49:12| OGI

Marathon Oil Corp. reported a 44.5% fall in quarterly adjusted profit on Wednesday, as weak crude and gas prices limited gains from higher output in its U.S. shale basins.

Tags: prices higher output profit

 
 

Lenovo quarterly revenue growth slows to 1%, net profit still up 20%

2019-11-07 09:19:00| Telecompaper Headlines

(Telecompaper) Lenovo saw its revenue growth slow to 1 percent in the fiscal second quarter to September, to USD 13.52 billion, as the uncertain economic climate started to weigh on sales. Profits continued to show double-digit growth, on improved margins in the mobile phone, PC and data centre businesses. 

Tags: up net growth profit

 

Permian Producer Diamondbacks Adjusted Profit Dips 13%

2019-11-05 22:21:24| OGI

Net income attributable to the company rose to $368 million, or $2.26 per share, in the three months ended Sept. 30, from $157 million, or $1.59 per share.

Tags: profit producer adjusted dips

 

Marriott's Profit Misses Estimates on Slowing Travel Demand

2019-11-05 16:23:00| National Real Estate Investor

The hotel operator lowered its full-year projections due to slowing demand.

Tags: travel demand profit estimates

 

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