Tag Archives: demand

Southwest Airlines (LUV) reported leisure passenger traffic rebounded in June to 2019 levels, helping the airline generate its first monthly profit since the COVID-19 pandemic decimated the industry.   “I think we can sustain that going into the third quarter. I think we are all worried about this Delta variant,” CEO Gary Kelly told Yahoo Finance Live. Kelly called the second quarter an important milestone in the airline’s pandemic recovery. Southwest generated $4 billion in revenue during… Source link

(Bloomberg) — Texas Instruments Inc. gave a revenue forecast for the current period that disappointed some investors, raising concerns that a jump in chip demand caused by the pandemic will be short-lived. The stock fell in early U.S. trading.Sales will be $4.4 billion to $4.76 billion in the period ending in September, Texas Instruments said Wednesday in a statement. Profit will be $1.87 to $2.13 a share, the company said. On average, analysts predicted profit of $1.97 a share and sales of… Source link

Chipotle (CMG) on Tuesday posted a second-quarter earnings report that smashed Wall Street expectations, thanks to the mass return of customers after COVID-19 restrictions, and ongoing strength in digital sales. Here’s what the California-based company reported, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $1.9B vs. $1.88 billion expected Adj. earnings per share (EPS): $7.46 vs. $6.54 per share expected Same-store sales: 31.2% vs. 29.8%… Source link

Although housing starts appear to be picking up in recent months, it is unclear whether this trend can be sustained as supply chain disruptions, high materials costs, and construction labor shortages continue to plague the sector. Some camps are even fearful of the possibility of an impending housing crisis which could be triggered by a wave of evictions attributed to pandemic-related disruptions. In spite of this, the U.S. housing market remains hot, with the growing demand for homes… Source link

Elon Musk, the CEO of Tesla Motors (TSLA) during the day and a Johnny-come-lately cryptocurrency influencer in his spare time, is no stranger to setting trends.  He can now add a special breed of dogs to that list.  On Friday Musk tweeted, “My Shiba Inu will be named Floki,” sending both dog and crypto lovers on a frenzy amid heightened interest around dogecoin (DOGE-USD), the digital currency that features the Shiba Inu dog.  Interestingly enough, dog breeders Tom & Sandie Rolenaitis… Source link

Former vice president Mike Pence said he would remain “proud” that he and members of Congress completed the certification of the Electoral College results, in remarks at the Reagan Library on Thursday evening. In a wide-ranging speech, Pence urged Republicans to continue the policies of former president Donald Trump alongside more traditional conservative priorities. Pence said that “under President Trump’s leadership we were able to achieve things Republicans have been talking about… Source link

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This may shock you, but negotiations between Jon Jones and the UFC do not appear to be going well. The former UFC light heavyweight champion took to Twitter on Friday to respond to UFC president Dana White’s claim that he had demanded $30 million to fight heavyweight champion Francis Ngannou: White threw out that claim during an appearance on “The Bill Simmons Podcast,” saying that he is ready to give Derrick Lewis the next shot at the heavyweight crown: From MMA Fighting: “In his deal, he’s… Source link

McCormick’s Old Bay Seasoning appears to be the continued flavor of choice for home chefs amid the COVID-19 pandemic. “Oh my gosh, the demand for Old Bay has been extraordinary, and we’ve been hard-pressed to keep up with it. And even now, it’s one of those items that we are still struggling with to keep in stock. The demand is just high for favorites like that,” McCormick Chairman and CEO Lawrence Kurzius told Yahoo Finance Live.  Kurzius said McCormick (MKC) is working hard to bring back… Source link