Consumer Stocks Higher in Late Trade; Wabash National Cruising to 12% Advance Following Q2 Results

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Top Consumer Stocks

WMT +0.26%

MCD -0.15%


DIS +1.13%

CVS +1.07%

KO -0.17%

Consumer stocks are higher, with shares of consumer staples companies in the S&P 500 advancing about 0.3%. Shares of consumer discretionary firms in the S&P 500 are ahead nearly 0.8%.

In company news, Wabash National Corp. ( WNC ) is up nearly 12% in late trade at $10.74 a share after the auto-parts company last night reported Q2 earnings of $0.21 per share, excluding non-recurring items and beating the Capital IQ consensus by $0.02 per share.

Revenue rose 14.0% year over year to $413.1 million, trailing forecasts by around $750,000.

In other sector news,

(+) SODA, Q2 earnings of $0.74 per share beat analyst estimates by $0.11 per share. Revenue rise 28.5% to $132.4 million, topping the consensus view by $2.68 million. Raises its FY13 outlook, now expecting 30% revenue growth to $567.2 million, also beating expectations.

(-) BGFV, Q2 revenue climbs 5.9% over same quarter last year to $239.9 million, trailing estimates by $4.16 million. Earns $0.28 per share, beating the Capital IQ consensus by $0.01. Q3 guidance in-line with analyst views.



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: WNC

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