GuruFocus.comNorthwest Natural Holding Co (NWN) Reports Q1 2024 Earnings: A Comparative Analysis with ...
Despite Economic Pressures, NWN Maintains Steady Performance
ReutersSpirit Airlines forecasts weak Q2 revenue on slow growth in domestic demand
The airline is among the most heavily impacted by issues with RTX's Pratt & Whitney Geared Turbofan engines, which have forced it to ground multiple aircraft and resulted in high labor expenses and reduced capacity. The carrier estimates it will average about 25 grounded aircraft throughout 2024, while competitors expand their capacity in Spirit Airlines' core markets such as Florida. "While the domestic environment is improving, to date it has improved at a slower rate than the company had anticipated," Spirit said on Monday.
- Reuters
Tyson Foods beats quarterly profit estimates even as sales slip
Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs. The biggest U.S. meat company by sales has shuttered six U.S. chicken plants since the start of last year, laid off corporate employees and announced plans to close a pork plant, in an attempt to rein in costs. Tyson's second-quarter net sales fell 0.5% to $13.07 billion, compared with estimates of $13.16 billion.
