— 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.
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings for the fourth quarter. The tech firm also provided guidance for fiscal 2024. Earnings, excluding non-recurring items, came in
As Costco Wholesale Corporation (NASDAQ: COST) prepares to publish its first-quarter earnings, the warehouse behemoth’s stock climbed to an all-time high this week. When it reports the results next week,
Shares of Dollar General Corporation (NYSE: DG) turned red on Thursday despite the company delivering better-than-expected results for the third quarter of 2023. The stock has dropped 46% year-to-date. Although