revenue decrease News

American Airlines Reports Slight Revenue Dip in Q1 2024, Faces Net Loss Amid Economic Uncertainty

American Airlines reports a 0.2% revenue drop to $12.6 billion in Q1 2024, with a net loss of $473 million. The airline withdraws full-year guidance amid economic uncertainty, whil...

LVMH Faces a Sharp 5% Drop as Annual Net Profit Takes a 17% Dive

LVMH Moet Hennessy Louis Vuitton's shares dropped over 5% after reporting a 17% decline in net profit and a 2% decrease in revenue for fiscal 2024, signaling a challenging year for...