Top Consumer Shares:
Consumer shares are generally lower in pre-bell trading while
Michael Kors (
) reports Q2 net income was $145.8 million, or $0.71 per diluted
share. Revenue increased 38.9% to $740.3 million from $532.9
Analysts expected $0.68 per share on $727 million in revenue.
The company expects Q3 total revenue to be in the range of $845
million to $855 million.
And, CVS (
) is up about 3% in pre-market trade as it reports adjusted EPS
increased 28.1% to $1.09. The Street view was $1.02 per share.
Revenue increased 5.8%, or $1.7 billion, to $32.0 billion,
beating expectations of $31.5 billion.
Finally, vehicle rental company Hertz Global Holdings, Inc. (
) reported late Monday Q3 2013 adjusted diluted EPS of $0.73, ahead
of the Capital IQ consensus by $0.02. Year-ago adjusted diluted EPS
was $0.63. Worldwide revenues rose 22% year-over-year to $3.1
billion, in line with analysts' estimate.
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