Beverage giant Coca-Cola (NYSE: KO) on Tuesday released its first quarter report for the period ended April 3, 2020.
Due to coronavirus outbreak in the key markets, price/mix growth was even for the quarter. Also, the company believes the pressure on the business is temporary and remains optimistic on seeing sequential improvement in the second half of 2020.
Cash from operations was $556 million, down 29% during the quarter.
Shares inched up 0.5% during the pre-market hours following the earnings announcement.
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