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.
Shares of Beyond Meat Inc. (NASDAQ: BYND) were down 4% on Wednesday. The stock has dropped 22% over the past 12 months and 16% since the beginning of this year.
The gaming industry witnessed a spike in demand after the coronavirus-related movement restrictions forced people to stay indoors. As the consumption of online content grew steadily, spending on video games
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings