CNBC Earnings

Shares of FedEx jumped 9.4% in extended trading on Tuesday after a surge in pandemic-fueled home deliveries helped the U.S. package carrier post better-than-expected quarterly profit and revenue.

Investors should stay bearish on U.S. stocks until the full extent of the economic damage caused by the coronavirus pandemic is known, according to TS Lombard.

Micron Technology on Monday forecast current-quarter revenue above Wall Street estimates as home-bound employees and students spur demand for its chips that power notebooks and data centers, sending its shares up 6% in after-market trading.

Burger King's U.S. same-store sales are trending flat as customers return to its locations for Whoppers and french fries.

The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.

Even Nike, often lauded as one of the strongest global brands in the retail industry, is taking a hit from the coronavirus pandemic.

Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter.

Sales declines returned as Oracle kept doing business through the pandemic.

Lululemon reported a first-quarter sales decline of 17%, as its strong digital business wasn't enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.

Starbucks expects to swing to a loss in its fiscal third quarter as the company predicts it lost as much as $3.2 billion in revenue due to the pandemic.

Yum Brands said Tuesday that Taco Bell's U.S. same-store sales have declined by high-single digits so far in the quarter.

During a virtual fireside chat with Cowen & Co. analyst Oliver Chen, Macy's Chief Financial Officer Felicia Williams said the company does not expect sales trends to normalize until 2021 or possibly 2022.

The U.S. jewelry maker said Tuesday in an earnings release that its same-store sales were down about 44% in the fiscal first quarter, but said demand has picked up again in China.

Stitch Fix on Monday reported a quarterly sales decline of 9%, and a wider-than-expected net loss.

Slack reported that it grew revenue 50% during the quarter, compared with 49% last quarter, on an annualized basis.

"Guidance is a bad business. We're out. We're not doing it anymore," the billionaire businessman told CNBC.

Broadcom forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the impact of the coronavirus crisis on global supply chains.

Slack's revenue growth slightly picked up as coronavirus sent people home from work.

Gap Inc.'s first-quarter sales fell 43%, the clothing maker reported Thursday, as its stores were shut for much of the period due to the coronavirus pandemic.

Zoom has been a darling of the work-from-home culture brought on by coronavirus, and the company's revenue growth accelerated in its most recent quarter.