hurricanes

Wholesale Inventories Drop 0.5% in October
The Economy

Wholesale Inventories Drop 0.5% in October

The larger-than-expected decline could put a dent in Q4 GDP growth unless inventories rebound in November and December.
By Matthew Heller | December 8, 2017
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U.S. GDP Growth Revised Upward to 3.3% for Q3
The Economy

U.S. GDP Growth Revised Upward to 3.3% for Q3

The economy grew at the fastest pace since the third quarter of 2014 and could be headed for a strong finish to the year.
By Matthew Heller | November 30, 2017
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Retail Sales Point to Strong Holiday Season
The Economy

Retail Sales Point to Strong Holiday Season

While sales rose only 0.2% in October, the slowdown from September largely reflected the unwinding of hurricane-related consumer spending.
By Matthew Heller | November 16, 2017
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Hurricanes Add $282M to Home Depot Sales
Financial Performance

Hurricanes Add $282M to Home Depot Sales

The retailer's same-store sales rose 7.9% in Q3 as hurricanes sent consumers to its stores in the South for rebuilding supplies.
By Matthew Heller | November 14, 2017
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Royal Caribbean Cruises to Record Q3 Earnings
Financial Performance

Royal Caribbean Cruises to Record Q3 Earnings

Even though the recent hurricanes cost it more than $55 million, the cruise operator's net income rose 8.6% to $752.8 million.
By Matthew Heller | November 7, 2017
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Job Growth Gets Back on Track After Hurricanes
The Economy

Job Growth Gets Back on Track After Hurricanes

The U.S. labor market added 261,000 jobs in October but "The big question is whether continued growth will translate into higher wages or not.”
By Matthew Heller | November 6, 2017
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American Weathers Storms With Revenue Gain
Financial Performance

American Weathers Storms With Revenue Gain

The airline's unit revenue increased 1.1% in the third quarter even though the the recent hurricanes forced the cancellation of 8,000 flights.
By Matthew Heller | October 26, 2017
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Chipotle Sales Rise 8.8% But Stock Dips 9.5%
Turnarounds

Chipotle Sales Rise 8.8% But Stock Dips 9.5%

The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
By Matthew Heller | October 25, 2017
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‘Nimble’ Rivals Take Bite out of Unilever Sales
Financial Performance

‘Nimble’ Rivals Take Bite out of Unilever Sales

The company's underlying sales rose only 2.6% in Q3 amid competition from upstarts such as Halo Top ice cream.
By Matthew Heller | October 20, 2017
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Hurricanes to Cut $44M From JetBlue Revenue
Financial Performance

Hurricanes to Cut $44M From JetBlue Revenue

“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
By Matthew Heller | October 11, 2017
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Stormy Weather
Supply Chain

Stormy Weather

How much do you know about tropical storm systems and their human and financial costs?
By CFO Staff | October 4, 2017
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Hurricanes Hit Sherwin-Williams’ Q3 Outlook
Financial Performance

Hurricanes Hit Sherwin-Williams’ Q3 Outlook

The paint maker says store closures resulting from Hurricanes Harvey, Irma, and Maria will cost it from $50 million to $70 million in sales.
By Matthew Heller | September 28, 2017
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Carnival Posts Record Earnings, Rosy Outlook
Financial Performance

Carnival Posts Record Earnings, Rosy Outlook

"Our record results, coupled with strong booking trends, have more than offset the anticipated earnings impact" from hurricanes, CEO Arnold Donald says.
By Matthew Heller | September 26, 2017
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