Top Consumer Shares:
Consumer shares are lower in pre-bell trading. But bucking the
declines, Tiffany (
) shares are up 2% at $83.35 as it reports Q2 sales of $926 million
and EPS of $0.83, versus the analyst consensus on Cap IQ of $942
million in sales and earnings of $0.74 per share.
For the fiscal year ending January 31, 2014, management now
forecasts net earnings in a range of $3.50-$3.60 per diluted share,
compared with $3.43-$3.53 per diluted share in its previous outlook
and $3.25 per diluted share in 2012. The Street is at $3.54 per
And, Starbucks' (
) Evolution Fresh, a cold-pressed juice, along with a selection
from the new Evolution Harvest line of premium snacks is launching
in Whole Foods Market (
) today. SBUX is up 0.17%.
The expansion advances Evolution Fresh growth plans to be in
approximately 8,000 Starbucks and grocery locations by the end of
Finally, Sanderson Farms, Inc. (
) reported Q3 2013 net income of $67.9 million, or $2.95 per share,
on revenues of $739 million. Analysts polled by Capital IQ expected
EPS of $2.61 and revenues of $736 million.
In the prior-year period, net income was $28.7 million, or $1.25
per share, on revenues of $624.9 million. SAFM is up 1.5% at
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