Consumer Stocks Adding to Earlier Advance; EveryWare Slammed After Insiders Disclose Plans to Sell Stock

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Top Consumer Stocks

WMT +0.62%

MCD +0.01%

DIS +1.80%

CVS +0.58%

KO +0.68%

Consumer stocks are higher today with shares of consumer staple companies in the S&P 500 rising over 0.8% and shares of consumer discretionary stocks in the S&P are ahead about 0.3%.

In company news, EveryWare Global Inc. ( EVRY ) is down nearly 10% at $11.61 a share shortly before the closing bell and the cookware seller announcing a secondary offering of 4 million shares of common stock by investment funds managed by Monomoy Capital Partners and other shareholders, including certain company executives.

The selling shareholders also will make up to 600,000 additional shares available to underwriters to cover possible overallotments. EVRY will not receive any proceeds from the offering.

In other sector news,

(+) ULTA, Earns $0.70 per share in Q2, beating estimates by $0.03. Revenue also tops forecasts with the personal care products maker seeing same-store sales improve more than analysts were expecting.

(-) UA, Athletic apparel company cut to Neutral from Outperform at Credit Suisse.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: EVRY

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