Southwest Airlines Warns Delta Variant May Negatively Impact 3rd Quarter ProfitsAfter posting profits in the second quarter, officials with Dallas-based Southwest Airlines now say the highly contagious COVID-19 delta variant has darkened the outlook for the airlines.
As JC Penney Raises Profit Forecast, CEO Tries To Reinvigorate StoresTroubled department store chain J.C. Penney raised its annual profit forecast Friday after reporting narrowed losses.
As Holiday Season Approaches JCPenney Reports 3Q LossShares of J.C. Penney slumped Friday after the department store chain wrestled with sluggish sales, particularly in apparel. The company has reported a loss of $67 million in its fiscal third quarter.
Whole Foods Cuts Outlook After 3Q Sales, Profit MissWhole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition.