— McCormick & Company Incorporated (NYSE: MKC) reported Q1 2020 earnings of $1.08 per share, vs. $1.03 expected.
— Sales fell 2% to $1.21 billion, vs. $1.23 billion expected.
— Consumer segment sales dropped 6% year-over-year to $699.5 million.
— Flavor Solutions segment sales grew 5% to $512.5 million.
— McCormick withdrew its FY2020 guidance due to the COVID-19 outbreak. The company expects to resume its guidance at the time of its Q2 results in June.
— MKC shares were up slightly in premarket hours on Tuesday.
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company