Top Consumer Shares:
Consumer shares are flat to higher in pre-bell trading. Five
) shares are up 13% in pre-bell trade after it reported net sales
increased by 34.9% to $117.1 million from $86.8 million in Q2 2012;
comparable store sales increased by 6.6%. Adjusted net income was
$0.11, compared to $0.04 in Q2 2012.
Analysts expected Five Below to report $0.09 per share in
earnings for Q2 and revenue of $112.7 million, according to Capital
And, Crocs (
) share are down 5% off a trading halt as it says it now sees Q3
sales between $285 million and $295 million, below the Thomson
Reuters mean for $305.08 million. It cut its GAAP EPS outlook to
$0.15 and $0.18 from $0.20 and $0.23.
Finally, McDonald's (
) shares are up 1% in morning trade as it reports global sales
increased about 2% in August, topping estimates.
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