Kona Gold Beverage Inc (KGKG)

[chsapeak]

Heres some food for thought beings as we're going to beat the loss in revenues to death.

Anheuser-Busch InBev... forecast a 10% decline in its first-quarter profits after the virus hit CEO Carlos Brito told analysts that the outbreak resulted in about $285 million in lost revenue in the first two months.

General Electric... GE predicted that the outbreak would erase $300 million to $500 million from industrial free cash flow and cause a hit of $200 million to $300 million to its first-quarter operating profit.

Microsoft said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows.

Yum Brands, which owns Taco Bell, KFC and Pizza Hut, said that its 2020 results could fall short of its long-term outlook.


I suppose all these companies along with hundreds of others are run by management that has no clue what they are doing. 99% of all companies in retail were affected negatively by the COVID virus. Stop trying to blame this on RC