TTop Consumer Shares:
Consumer shares were generally mixed in pre-market trade
In consumer sector news, Tandy Leather Factory, Inc. (
) said April sales rose 2% as gains in domestic sales outweighed a
drop in both international and wholesale businesses.
April sales were $7.4 million. Year to date sales are up 3% to
$27.4 million in the current year from $26.6 million last year.
Wholesale Leathercraft posted sales of $2.4 million for April,
down 2%, while International Leathercraft reported April sales of
$334,000, down 17%. The domestic business had a gain of 6% to $4.6
And, Priceline.com (
) reported adjusted Q1 EPS of $7.81, better than the analyst
consensus of $6.92 per share on Capital IQ. Revenue was $1.64
billion, ahead of the Street view of $1.63 billion.
For Q2, the company is guiding for EPS of $11.22-$12.02 on an
adjusted basis, vs. expectations of $12.27. Revenue is seen up 19%
Finally, Dean Foods (
) was down about 7% after it reported Q1 revenue of $2.3 billion,
which beat estimates, and a loss of $0.05 per share, which was well
short of the $0.01 per share the Street expected.
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