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.”
Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also
The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,
HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5