Top Consumer Stocks,
Consumer stocks are higher this afternoon with shares of
consumer staples companies in the S&P 500 adding 0.6%. Shares
of consumer discretionary firms in the S&P 500 are ahead about
In company news, Jack in the Box Inc. (
) is up slightly more than 3% in late trade at $41.73 a share,
climbing as high as $41.91 today after reporting Q3 non-GAAP
earnings of $0.41 per share, topping analyst expectations by
Total Sales of $350.33 million missed forecasts by $12.11
The drive-through restaurant chain also sees FY13 per-share
earnings from continuing operations of $1.72 to $1.78, excluding
restructuring costs and gains from refranchising.
In other sector news,
(+) JCP, CNBC reports the retailer has begun a search for a new
CEO to replace Mike Ullman, who took back the reins in April after
Ron Johnson was bounced after only 17 months on the job.
(-) CECO, Reverses big after-market advance, closing lower today
despite per-share Q2 net loss that beat Street view by $0.06.
Revenue slid 19.4% year but also topped analyst estimates.
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