Consumer shares were lower in pre-market trade Thursday, weighed
along with the broader stock market.
In consumer stocks news, Blyth (
) reported a bigger Q2 loss amid a 25% decline in sales due to
ViSalus's decline in North American promoters versus the prior
The designer and marketer of candles and accessories for the
home, as well as health, wellness and beauty products sold through
direct selling and direct marketing channels said its Q2 net loss
widened to $4.89 million or $0.30 per diluted share from a loss of
$3.19 million or $0.20 the year earlier. Sales dropped to $157.79
million from $211.73 million.
And, Burger King Worldwide (
) reported that financial results for Q2 ended June 30 topped
analysts' expectations, as global comparable sales growth and new
restaurant openings helped drive system-wide sales.
The fast food hamburger restaurant posted Q2 net income of $75.1
million or $0.21 per share, compared with the prior-year.
Finally, Bed Bath & Beyond (
), a chain of home furnishing retail stores, has been downgraded by
analysts at Oppenheimer to a perform rating from outperform.
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