Caterpillar Inc. (NYSE: CAT) announced its first quarter 2020 earnings results today.
Total sales and revenues dropped 21% year-over-year to $10.6 billion, due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Profit per share was $1.98, compared with $3.25 in the year-ago quarter.
Caterpillar stated that its financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the COVID-19 pandemic. The company withdrew its guidance on March 26 and will not provide an outlook for 2020 at this time.
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
The fast-food industry is among the worst affected by the inflation-induced dip in consumer confidence, which is weighing on the demand for discretionary items. Domino’s Pizza, Inc. (NYSE: DPZ) is
Paychex Inc. (NASDAQ: PAYX) reported first quarter 2023 earnings results today. Total revenue rose 11% year-over-year to $1.20 billion. Net income grew 14% to $379.2 million, or $1.05 per share,