Saturday, August 29, 2020

The 76 Largest US Companies With May 2020 Quarter Ends Posted Total Pretax Earnings Which Declined By 60% in the May 2020 Quarter, Much Worse Than Their 23% Decline in Their Pre-Covid-19 February 2020 Quarter

From a review of Company SEC filings and Google Finance, I found 76 US Companies with May 2020 Quarter Ends and which had a stock market cap of more than $100 mil recently.

The table below shows the Gold-Standard US GAAP Pretax Earnings (Losses) From Continuing Operations for the May and February quarters of both 2020 and 2019 for each of these 76 Companies.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
  May May February February
    Quarter Quarter Quarter Quarter
Companies With May 2020 Quarter Ends   State 2020 2019 2020 2019
Market Caps Above $100 Mil City HQs HQs mils $ mils $ mils $ mils $
AAR Corp Wood Dale IL             (19)              27                3              27
Accenture plc New York NY         1,681         1,704         1,510         1,376
Acuity Brands Atlanta GA              79            112              75              86
Adobe Systems San Jose CA         1,000            711            919            702
Albertsons Companies Boise ID            788              65              90            137
AngioDynamics Latham NY           (156)                1               (7)               (5)
Apogee Enterprises Minneapolis MN                4              20              14             (17)
Autozone Memphis TN            444            504            364            359
AZZ Inc Fort Worth TX              10              27             (11)              10
Bassett Furniture Industries Bassett VA             (32)                1                2                1
Bed Bath & Beyond Union NJ           (478)           (423)             (97)           (312)
Byrna Technologies Wakefield MA               (8)               (1)               (2)               (1)
Cal Maine Foods Jackson MS              78             (28)              18              53
CalAmp Irvine CA             (14)             (10)             (29)              15
CarMax Richmond VA                4            351            277            256
Carnival Miami FL        (4,385)            459           (770)            338
CHS Inc Inner Grove Heights MN              70              62            128            262
Cintas Cincinnati OH            182            289            289            252
Commercial Metals Irving TX              88            108              86              33
Computer Services Inc Paducah KY              19              16              19              16
Conagra Brands Chicago IL            238            188            263            297
Constellation Brands Victor NY             (68)           (423)            489         1,530
Costco Issaquah WA         1,163         1,123         1,277         1,215
CytoDyn Vancouver WA             (58)             (15)             (36)             (13)
Darden Restaurants Orlando FL           (610)            218            265            253
Educational Development Corp Tulsa OK                3                2                1                1
Enerpac Tool Group  Menomonee Falls WI               (5)              32                5                5
Ennis Inc Midlothian TX                6              13              11              11
Fact Set Research Systems Norwalk CT            119            113            103            104
FedEx Memphis TN           (319)        (2,554)            420            931
FingerMotion New York NY               (1)               (1)               (1)               (2)
Franklin Covey Co Salt Lake City  UT               (1)               (2)               (1)               (4)
General Mills Minneapolis MN         2,600         2,082            571            542
Greenbrier Companies Lake Oswego OR              59              43              26                9
Griffin Industrial Realty New York NY               (1)                8               (0)               (1)
HB Fuller St Paul MN              41              51              14              14
Helen of Troy Ltd El Paso TX              53              44               (6)              41
Herman Miller Zeeland MI           (209)              56              48              46
Jabil St Petersburg FL              14              83              29            101
Jefferies Financial Group New York NY              76            183            158              49
KB Home Los Angeles CA              68              57              69              35
Lamb-Weston Eagle ID            137            167            137            167
Landec Corp Santa Clara CA             (20)                1             (17)                2
Lennar Corp Miami FL            677            559            424            319
Levi Strauss & Co San Francisco CA           (458)              26            165            182
Lindsay Corp Omaha NE              12                3                7               (5)
McCormick & Co Hunt Valley MD            226            172            164            160
Micron Technology Boise ID            870            716            427         1,904
MSC Insustrial Direct Co Melville NY            104            106              74              91
Neogen Lansing MI              21              19              14              17
Nike Beaverton OR           (804)         1,243            881         1,291
Novagold Resources Salt Lake City UT               (7)               (5)               (6)               (6)
Novo Integrated Sciences Bellevue WA               (0)               (0)               (1)               (0)
Oracle Redwood City CA         3,696         3,866         3,076         3,088
Park Aerospace Melville NY                3                4                4                3
Paychex Rochester NY            292            311            464            426
PriceSmart San Diego CA              20              22              38              36
Progress Software Bedford MA              22              12              27              13
Pure Cycle Corp Watkins CO                0                1                0               (0)
Resources Connections Irvine CA                7              13                3              10
Rite Aid Camp Hill PA             (81)             (92)                8             (61)
RPM Intl Medina OH            147            177              16                4
Saratoga Investment Corp New York NY             (23)                8              27                8
Schnitzer Steel Industries Portland OR               (6)              22                6              17
Scholastic Corp New York NY             (47)              32             (60)             (21)
Simply Good Foods Co Denver CO              22              18              15              17
Simulations Plus Lancaster CA                4                4                3                3
SMART Global Holdings Newark CA                4                2               (8)              17
Steelcase Grand Rapids MI             (55)              24              65              28
Synnex Fremont CA              79            153            155            120
UniFirst Corp Wilmington MA              27              62              46              63
Voxx International Hauppauge NY               (7)               (5)             (34)             (48)
Walgreen's Boots Alliance Deerfield IL        (1,773)         1,198         1,097         1,356
WD-40 Co San Diego CA              19              23              17              20
Winnebago Industries Forest City IA             (17)              45              21              25
Worthington Industries Columbus OH              17              48              24              38
Total all 76 Companies         5,631       14,251         13,862       18,036
% Change vs Prior Year Quarter   -60%   -23%