Top Consumer Shares:
Consumer shares were flat to lower ahead of Thursday's opening
In consumer stocks news, Abercrombie & Fitch Company (
) shares were up 5.7% after it said Q2 sales were $890.605 million,
below the Thomson Reuters mean for $909.22 million.
Abercrombie earned $0.19 per share, above forecasts for
FY EPS are seen been $2.15 and $2.35, below estimates for $2.36.
It sees FY14 same-store sales down in mid-single digits.
And, Dollar General (
) shares were down 0.3% after it reported Q2 results that are in
line with analyst estimates on EPS and revenue, with a
year-over-year increase in both.
The discount retailer reported Q2 EPS of $0.83, up from $0.75 in
Q2 2013 and in line with analyst estimates. Total revenues of $4.72
billion were up from $4.39 billion in Q2 2013 and about matched
analyst projections of $4.77 billion.
Finally, Coty (
) announced Q4 results that missed projections on EPS and revenues,
hurt by a decline in the nail and fragrance business in North
The beauty company reported Q4 EPS of $0.03, flat with $0.03 in
Q4 2013 but missing analyst estimates of $0.05. Total revenues of
$1.04 billion were down from $1.05 billion Q4 2013 and missed
analyst projections of $1.06 billion for the quarter.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.