CNBC Earnings

Victoria's Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren't as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.

Lowe's said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.

Target reported dramatic growth among its online services, such as curbside pickup, and had sales growth across all of its merchandise categories.

Target CEO Brian Cornell said Americans shopped because they couldn't go on vacation or spend money on typical summer activities during the pandemic.

Walmart's e-commerce sales in the U.S. shot up by 97% as customers had packages shipped their homes and used curbside pickup.

Walmart's online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.

Home Depot's profit and U.S. same-store sales surged 25% in the quarter as consumers visited the retailer more and spent more money.

Kohl's revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts were fearing.

Lyft faces a threat to its business in California, where a judge issued a preliminary injunction that requires it to classify its drivers as employees eligible for benefits, not independent contractors.

Cisco now expects the fourth consecutive quarter of revenue declines, hurt in part by the coronavirus pandemic.

Total revenue plunged 72.4% to $1.46 billion.

Popeyes, powered by its popular chicken sandwich, reported same-store sales growth of 24.8%.

Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company's core ride-sharing business was down 73% from last year.

Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.

Alphabet's Q2 earnings are expected to be hit hard by the effects of the pandemic alongside a maturing digital ad market.

Toyota Motor eked out its smallest quarterly profit in nine years as the coronavirus pandemic halved its car sales and nearly wiped out its bottom line.

The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.

Disney took a $3.5 billion hit to its operating income from parks being closed during the quarter.

Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.

Take-Two Interactive Software raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises "Grand Theft Auto" and "NBA 2K" from people stuck at home due to lockdowns.