Ferrari NV (NYSE: RACE) reported second-quarter financial results before the regular trading hours on Monday. RACE shares fell 2.3% immediately following the announcement. The stock has increased by 8% since the beginning of this year.
The company also narrowed its outlook for the full year, driven by the weakness in sales in all geographic locations.
Meanwhile, Ferrari said the first few deliveries of the F8 Spider and the 812 GTS commenced in the second quarter.
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2020, reflecting a marked increase in merchandise sales. The results also topped analysts’
The disruption caused by coronavirus has affected almost all sectors except business service providers like Cintas Corporation (NASDAQ: CTAS), which is busy helping clients maintain hygiene and safety during the
Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the second quarter of 2021. Net loss shrank to $0.25 per share in the recently ended quarter from $1.49 per