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Delta Apparel posts 40% drop in Q3 sales
2020-08-04 18:35:00| Daily apparel & textile news and comment - from just-style.com
Activewear and lifestyle apparel maker�Delta�Apparel has reported a near-40% drop in net sales for the three months to the end of June�but�CEO Robert�Humphreys says the business�is likely to return to profitability�in the fourth quarter.
Tags: sales
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apparel
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Continental Resources Posts Second Straight Quarterly Loss
2020-08-03 23:20:00| OGI
U.S. shale producer Continental Resources Inc. on Aug. 3 posted a bigger-than-expected second-quarter loss as the coronavirus crisis and related lockdowns pummeled demand.
Tags: resources
posts
loss
straight
Diamondback Energy Posts Second-quarter Loss on $2.54 Billion Charge
2020-08-03 23:00:00| OGI
Diamondback Energy also�decreased its cash operating costs dramatically in the second quarter, according to CEO Travis Stice, some of which he expects to become permanent.
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loss
charge
energy
Brazils Petrobras Posts $500 Million Loss Despite Record Exports to China
2020-07-31 15:45:49| OGI
Falling oil prices hurt company as it pursues a volume-over-price strategy.
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china
record
million
Phillips 66 Posts Quarterly Loss as Pandemic Slams Fuel Demand
2020-07-31 15:07:49| OGI
U.S. refiner�Phillips�66�on July 31 reported a quarterly loss compared to a year-ago profit, as coronavirus-led restrictions on businesses and travel destroyed fuel demand and hurt margins.
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