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.
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Shares of Tyson Foods Inc. (NYSE: TSN) were in green territory during afternoon hours on Tuesday. The stock has gained 32% over the past 12 months and 23% since the
Space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) ended the first quarter of 2021 without generating revenue and continued the losing streak even as uncertainty over its test flight