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Winnebago Industries blows past Wall Street estimates in fiscal Q1. - Vimarsana News

Winnebago Industries blows past Wall Street estimates in fiscal Q1.

The American manufacturer says towables revenue jumped 33.3%. Winnebago is now roughly 20% up year to date in the stock market. Winnebago Industries Inc. (NYSE: WGO) published its earnings report for the fiscal first quarter on Friday that blew past Wall Street estimates for profit and revenue despite the ongoing Coronavirus pandemic that has so far infected more than 17 million people in the United States and caused over 300 thousand deaths. Winnebago shares initially jumped 3% in after-hours trading on Friday but lost the entire gain later on. On a year-to-date basis, the stock is now close...

Source: invezz.com
Darden Restaurants says sales at Olive Garden slid more than expected in Q2 - Vimarsana News

Darden Restaurants says sales at Olive Garden slid more than expected in Q2

The multi-brand restaurant operator topped analysts' estimates for profit. Darden forecasts up to 70% annualised decline in sales in the fiscal third quarter. Darden Restaurants Inc. (NYSE: DRI) said its profit in the fiscal second quarter topped analysts’ estimates on Friday. Sales at Olive Garden, however, slid more than expected in the recent quarter. In a report published in September, the restaurant operator had reported a hit to its sales in the fiscal first quarter as well. On the intraday chart, Darden Restaurants shares are currently more than 1% down. The NYSE-listed company has g...

Source: invezz.com