— United Natural Foods Inc. (NYSE: UNFI) reported Q1 2020 earnings of $0.12 per share, vs. $0.26 expected.
— Sales grew 114% to $6 billion, vs. $5.81 billion expected.
— FY2020 net sales is expected to be $23.5-24.3 billion.
— FY2020 GAAP net loss is expected to be $353-324 million.
— FY2020 GAAP loss per share is expected to be $6.60-6.06.
— FY2020 adjusted EPS is expected to be $1.22-1.76.
— UNFI shares were up 5% immediately following the announcement.
The positive effects of widespread digitalization and e-commerce growth on China’s financial services industry became more pronounced during the pandemic as the movement restrictions drove more retail customers to online
Shares of Activision Blizzard Inc. (NASDAQ: ATVI) were up 1.6% on Thursday. The stock has dropped 14% since the start of the year. The company has been in the news
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