Chipotle Mexican Grill (NYSE: CMG) reported third-quarter 2020 financial results after the closing bell on Wednesday. The restaurant chain reported a 14% rise in Q3 revenues to $1.6 billion, narrowly beating the Wall Street consensus. Earnings of $3.76 per share were also stronger than what analysts had anticipated.
CMG shares fell 5.8% immediately following the announcement. The stock has gained 58% since the beginning of this year.
Digital sales grew 202.5% year over year to $776.4 million and represented 48.8% of sales.
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted
Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to
Accenture (NYSE: ACN) reported fourth quarter 2022 earnings results today. Total revenues were $15.4 billion, up 15% year-over-year in US dollars and up 22.4% in local currency. Net income attributable