Earnings Report
The Latest
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GM Reports $800 Million Loss For Q2 2020 Due To Coronavirus Pandemic
GM blamed the prolonged shutdown of its factories and dealerships for much of the second quarter for its reported $806 million loss. GM blamed the prolonged shutdown of its factories and dealerships for much of the second quarter for its reported $806 million loss. -
Hasbro Shares Drop Following Poor Q2 Earnings Result
Hasbro reported a net loss of around $33.9 million, or roughly 25 cents per share, for its latest quarter ending on June 28. Hasbro reported a net loss of around $33.9 million, or roughly 25 cents per share, for its latest quarter ending on June 28. -
Coca-Cola To Cut Hundreds Of Underperforming 'Zombie' Brands
Coca-Cola is moving ahead with its plans to remove underperforming "zombie" brands and focusing more on its stronger products. Coca-Cola is moving ahead with its plans to remove underperforming "zombie" brands and focusing more on its stronger products. -
Bed Bath & Beyond Shares Dip Amid Store Closures And Sales Declines
Bed Bath & Beyond shares had dropped by a massive 23.8 percent on Thursday following the release of its latest earnings report. Bed Bath & Beyond shares had dropped by a massive 23.8 percent on Thursday following the release of its latest earnings report. -
Meituan Dianping Sees Slight Dip In Revenues But Prospects Still Remain Strong
Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. -
Pinduoduo Q1 Earnings Beat Estimates Amid Surge In E-Commerce Activity
Pinduoduo reported a 44 percent year-on-year increase in its revenues thanks to an increase in users during the first three months of the year. Pinduoduo reported a 44 percent year-on-year increase in its revenues thanks to an increase in users during the first three months of the year. -
Xiaomi Reports First Quarter Growth Thanks To 5G Device Sales
The company attributed its performance to the robust sales of its higher-priced 5G models and the continued growth of its overseas business. The company attributed its performance to the robust sales of its higher-priced 5G models and the continued growth of its overseas business. -
Lenovo Reports Better-Than-Expected Full Year Results
Lenovo's Intelligent Devices Group (IDG), specifically its PC and Smart Devices business, boosted the company's revenues over $50 billion for its latest fiscal year. Lenovo's Intelligent Devices Group (IDG), specifically its PC and Smart Devices business, boosted the company's revenues over $50 billion for its latest fiscal year. -
Tencent Reports Better-Than-Expected Q1 Results Amid Gaming Boom
Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. -
Marriott International Misses Already Low Earnings Estimates For First Quarter
Marriot believes that April may have been its bottom as it is already seeing an uptick in its business, particularly in Greater China. Marriot believes that April may have been its bottom as it is already seeing an uptick in its business, particularly in Greater China.