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.
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per