— Anheuser-Busch InBev (NYSE: BUD) reported earnings of $0.87 per share in the fourth-quarter of 2020 vs. $1.05 per share expected.
— Q4 revenues grew 2.5% to $13.3 billion, vs $13.93 billion expected, as total volume grew 1.6%.
— Company said Coronavirus outbreak has led to a significant decline in demand in China. For the first two months of 2020, the company sees revenue loss of about $285 million and EBITDA loss of around $170 million in China.
— Net CapEx expected to be around $5 billion in FY20
— BUD shares fell 6.8% during pre-market hours.
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company