Hasbro, Inc. (NASDAQ: HAS) on Wednesday reported first-quarter 2020 financial results. Notably, it was the first announcement after the integration of Entertainment One Ltd. (eOne).
Due to the uncertainties surrounding COVID-19, the toymaker withdrew its outlook. The company added that it expects the second quarter to be impacted by the pandemic.
HAS shares fell 3.6% immediately following the announcement. The stock has fallen 26% since the beginning of this year.
Competitor Mattel (NASDAQ: MAT) will report quarterly results on May 5.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard