August 13, 2026

Brief: Report says Starwood actually lost money in quarter

But the Wall Street Journal reported today that Starwood actually confused Wall Street in announcing its earnings, deliberately excluding an income statement or details of its net income or earnings per share.

The Journal concluded Starwood actually lost $77 million or 43 cents per share in the quarter.

Starwood owns the Caesars Palace and Desert Inn hotel-casinos in Las Vegas.

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