Tag Archives: Holiday

Southwest Airlines lost $800 million due to holiday travel meltdown

Southwest Airlines lost 0 million due to holiday travel meltdown

Southwest Airlines (LUV) reported a loss for the fourth quarter, as the company took an $800 million pretax hit to earnings due to the computer system failure that led to the airline’s holiday travel meltdown. For the quarter, Southwest reported: “Due to the operational disruptions in late December, which resulted in more than 16,700 flight cancellations, we incurred a fourth quarter pre-tax negative impact of approximately $800 million (or approximately $620 million on an after-tax basis),… Source link

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7 whopping stats from Bed Bath & Beyond’s brutal holiday quarter

7 whopping stats from Bed Bath & Beyond’s brutal holiday quarter

Bed Bath & Beyond continues to struggle mightily. The near-dead home goods retailer released its long-awaited holiday quarter results on Tuesday morning, and the picture is not pretty. Here are seven numbers that stood out to Yahoo Finance and help explain why the company is on the brink of ruin: Net sales crashed 33% from the prior year. Comparable digital sales fell a whopping 33%. Bed Bath & Beyond banner comparable sales plunged 34%. BuyBuyBaby banner comparable sales tanked in the “low 20″… Source link

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DFS plays and strategy for Yahoo’s Week 16 Sunday Holiday Baller

DFS plays and strategy for Yahoo’s Week 16 Sunday Holiday Baller

Most of the league plays Saturday in Week 16, but Christmas Sunday offers a three-game fantasy slate beginning at 1:00 p.m. EST. First, the Packers visit the Dolphins for a battle between teams currently on opposite sides of their respective Conferences’ playoff bubbles. Then, the Broncos and Rams face off in a clash between arguably the two most underwhelming teams relative to expectations this season. To cap things off, the Buccaneers will look to get back on track against the banged-up… Source link

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This holiday shopping season isn’t looking great for retailers: Morning Brief

This holiday shopping season isn’t looking great for retailers: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, December 19, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So there I am on Super Saturday — the final big shopping day before Christmas — at my local Target. My first two… Source link

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Google Wallet spreads holiday cheer with cute animations when you tap and pay

Google Wallet spreads holiday cheer with cute animations when you tap and pay

Snowglobes, snowmen, and snowy scarved cats We’ve been blessed with the occasional Easter egg from Google Wallet (neé Google Pay, Android Pay, and… Google Wallet), mainly in the form of special animations that take place after you’ve tapped and paid with your watch or phone. For the holidays this year, the company is back at it again with a series of post-transaction vignettes for us shoppers to enjoy. Specifically, these animations take place once a… Source link

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