Qantas Profit Falls on Cost of Fixing Damaged Reputation

(Bloomberg) -- Qantas Airways Ltd. said full-year profit fell as the airline invested more to repair its battered reputation and air fares declined. Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherA Loud Warning From the Past About Living With CarsUnderlying profit before tax

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  Qantas Annual Profit Falls as Fares Moderate

  The Wall Street Journal
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  Qantas profits dip as fares fall, announces further share buy-back

  Reuters

Is There Now An Opportunity In Qantas Airways Limited (ASX:QAN)?

Qantas Airways Limited ( ASX:QAN ), is not the largest company out there, but it received a lot of attention from a...

Is Nordic American Tankers Limited (NAT) The Best Dividend Stock Under $5?

We recently published a list of 10 Best Dividend Stocks Under $5. In this article, we are going to take a look at where Nordic American Tankers Limited (NYSE:NAT) stands against the other dividend stocks under $5. Dividends have consistently been a strong source of returns over time. These stocks hold both theoretical and practical significance […]

Qantas Annual Profit Falls as Fares Moderate

Australia’s biggest airline said its annual net profit fell as fares moderated and market capacity returned following the pandemic, though it also announced a new stock buyback.

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  Qantas Profit Falls on Cost of Fixing Damaged Reputation

  Bloomberg
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  Qantas profits dip as fares fall, announces further share buy-back

  Reuters

Qantas profits dip as fares fall, announces further share buy-back

(Reuters) -Australia's Qantas Airways announced an additional share buyback on Thursday but no dividend for the fifth year, as the airline reported a 16% annual profit drop due to lower fares, spending on customers and weaker freight revenue. Australia's flag carrier has been trying to fix its reputation after what was one of its most reputationally damaging years in 2023 due to a series of controversies regarding travel bookings and employee treatment. Underlying profit before tax for the group, which includes low cost carrier Jetstar, fell 16% to A$2.08 billion ($1.41 billion) in the year ended June 30, matching a Visible Alpha consensus.

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  Qantas Profit Falls on Cost of Fixing Damaged Reputation

  Bloomberg
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  Qantas Annual Profit Falls as Fares Moderate

  The Wall Street Journal

Kohl's (KSS) Q2 Earnings Top Estimates

Kohl's (KSS) delivered earnings and revenue surprises of 28.26% and 1.85%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

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  Kohl's Q2 Earnings Top, Sales Decline Amid Consumer Challenges

  Zacks
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  Kohl's (KSS) Q2 2024 Earnings Call Transcript

  Motley Fool

Golden Ocean Group (GOGL) Tops Q2 Earnings and Revenue Estimates

Golden Ocean Group (GOGL) delivered earnings and revenue surprises of 14.29% and 5.12%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

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  Five Below (FIVE) Meets Q2 Earnings Estimates

  Zacks
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  Box (BOX) Q2 Earnings and Revenues Beat Estimates

  Zacks

1-800-FLOWERS (FLWS) Q2 Earnings Report Preview: What To Look For

E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) will be reporting earnings tomorrow before the bell. Here’s what to look for.

Autodesk (ADSK) Q2 Earnings: What To Expect

Design software company Autodesk (NASDAQ:ADSK) will be announcing earnings results tomorrow after market hours. Here’s what you need to know.

American Eagle (AEO) Q2 Earnings: What To Expect

Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) will be announcing earnings results tomorrow morning. Here’s what investors should know.