GameStop (NYSE: GME) swung to a loss in the first quarter of 2020, hurt by COVID-19 pandemic. The company’s adjusted loss was wider than market’s expectations and revenue fell shy of the estimates. GME stock fell about 2% immediately after the earnings announcement.
GameStop suspended the fiscal 2020 outlook. At the end of May 2020, the company had approximately 85% of its U.S. locations open to limited customer access or curbside delivery and approximately 90% of its international locations open.
An innovative product portfolio that is capable of outshining the legacy databases has helped MongoDB (NASDAQ: MDB) stay largely unaffected by the market turmoil so far. Of late, the database
Retailer Macy's (NYSE: M) posted mixed results for its first quarter of 2020. While the topline missed the market's estimates, bottom line topped the targets. There were no change in
STZ Earnings: Key quarterly highlights that you need to know from Constellation Brands Q1 financial results
Constellation Brands (NYSE: STZ) today announced its first quarter financial results for the period ended May 31, 2020. First quarter net loss was $177.9 million, or $0.94 per share, compared