Constellation Brands (NYSE: STZ) reported second-quarter 2021 financial results before the opening bell on Thursday. The company reported a 4% dip in Q2 sales to $2.26 billion, beating the Wall Street consensus. Earnings of $2.62 per share were also stronger than what analysts had anticipated.
STZ shares fell modestly immediately following the announcement. The stock has traded flat since the beginning of this year.
CFO Garth Hankinson said,” We continue to generate strong financial results despite headwinds related to COVID-19. Double-digit free cash flow growth has enabled ongoing debt reduction and progress in achieving our targeted leverage goal.”
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,