McDonald’s Corporation (NYSE: MCD) reported first quarter 2020 earnings results today.
Total revenues fell 6% to $4.71 billion year-over-year. Global comparable sales declined 3.4%.
Net income dropped 17% to $1.1 billion while EPS decreased 15% to $1.47.
The company withdrew its 2020 outlook and its long-term outlook due to the uncertainty related to the impact of the COVID-19 outbreak on global economic conditions and its business operations.
Aurora Cannabis, Inc. (NYSE: ACB) reported a wider loss for the fourth quarter of 2020, hurt by a 5% decrease in revenues. The company’s stock fell sharply during Tuesday’s after-hours
Stitch Fix (NASDAQ: SFIX) reported fourth-quarter 2020 financial results after the closing bell on Tuesday. The company reported an 11% increase in Q4 revenues to $443.4 million, beating Wall Street
Nike Inc.'s (NYSE: NKE) profit and revenue in the first quarter of fiscal 2021 surpassed the market's estimates and sent the NKE stock up by about 7% in the extended