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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Target sales surge as Americans lean on big box stores

Target reported the largest quarterly sales growth, including an online sales spike, in its 58-year-history, the latest evidence that Americans are consolidating their trips to big box stores and pivoting their spending to around the home during the pandemic.

Pandemic sends Alaska Air into the red for latest quarter

In what airlines can only hope is going to prove the worst quarter of the coronavirus pandemic, Alaska Air Group lost $214 million in the past three months, despite the government's infusion of $362 million in a grant through the Payroll Protection Program.

Starbucks sales tumble as global shutdowns hit its stores

Starbucks said Tuesday that its global sales tumbled in the first three months of the year as coronavirus-related shutdowns gripped its operations. The Seattle-based coffee giant said conditions will likely worsen in the current quarter before moderating later this summer, and its recovery will extend into 2021. But executives also said they are seeing encouraging signs.

Earnings season is in full swing and uncertainty is certain

The most active week of the earnings season is on and the rush of quarterly reports Tuesday, 39 in all, captured the maneuvering of companies from almost every sector as they feel their way through an unprecedented economic shockwave.

Key Tronic Corp. reports net income drop in second fiscal quarter

Key Tronic Corp. this week reported a dip in net income for the company’s second fiscal quarter. The Spokane Valley-based company reported net income of $824,000 – or 8 cents a share – in the second quarter, compared with net income of $1.6 million – or 15 cents a share – in the same quarter of 2019, according to a company release.