Coca-Cola (NYSE: KO) reported second-quarter financial results before the regular trading hours on Tuesday. Despite a steep decline in revenues and income, the beverage giant managed to surpass analyst projections, sending the stock up 1.4% during pre-market hours.
The company added that unit case volume for July month-to-date was down mid-single digits globally, even though there has been an improvement in away-from-home channels.
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PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the
With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,