Advance Auto Parts, Inc. (NYSE: AAP) reported its financial results for the quarter ended April 18, 2020, on Tuesday before the market opens. The results were significantly impacted by the COVID-19 pandemic.
The top-line declined by 9% due to the impact of the COVID-19 pandemic. Comparable store sales decreased by 9.3%. The company withdrew guidance on April 9 and is not providing guidance now given the uncertainties related to the full impact of the COVID-19 pandemic.
Through the first four weeks of Q2, comparable-store sales improved significantly each week. While many uncertainties remain with respect to factors that drive demand, the company expects that DIFM sales will continue to improve as a stay at home orders are lifted.
On May 15, the company declared a regular cash dividend of $0.25 per share. The dividend will be paid on July 03, 2020, to all common stockholders of record as of June 13, 2020.
Trxade Health Inc. (NASDAQ: MEDS) is an online pharmaceutical marketplace that provides a platform for independent pharmacies to operate more effectively. The company’s digital platform helps optimize drug procurement and
It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied
Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the