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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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