Delta's profit slashed sharply, and ICL maintained profitability in a challenging environment

Delta reported a 23% drop in net profit in the third quarter to 28.7 million shekels, amid Bath & Body Works' entry into the European market. ICL maintained profitability with a net profit of $126 million, thanks to a shift to specialty products that offset the rise in sulfur costs.

Delta reported a 23% decline in net profit for the third quarter of 2026, which amounted to 28.7 million shekels, despite a slight 2.8% increase in revenue to 345.5 million shekels. Bath & Body Works' entry into the European market weighed on results, with an accumulated operating loss of 9.8 million shekels since the start of the year. In contrast, ICL maintained profitability with a net profit of $126 million, similar to the corresponding quarter, by shifting production to higher-value specialty products that offset the rise in sulfur costs following the blockage of the Strait of Hormuz.