Top Consumer Shares:
Consumer shares were generally mixed in pre-market trade
In consumer sector news, Foot Locker (
) shares were up 3% pre-market after it reported fiscal Q1 earnings
and sales that exceeded analysts' estimates.
The athletic retailer said non-GAAP earnings in the quarter
ended May 3 rose to $1.11 per share from $0.91 the year earlier,
exceeding the $1.06 average estimate from analysts polled by
Capital IQ. Sales rose 14% $1.87 billion compared to the $1.8
billion consensus estimate.
Reported net income rose to $162 million or $1.10 per diluted
share from $138 million or $0.90 the year earlier and comparable
store sales rose 7.6%.
And, Orbitz Worldwide (
) was up 7% in recent
on Friday after announcing late on Thursday the pricing of an
underwritten public offering of 7.5 million common shares held by
an affiliate of Travelport Limited at $6.60 each.
The online travel company will not receive any proceeds from the
OWW closed at $6.92 Thursday, in a 52-week range of $6.40 -
And, Hibbett Sport (
) shares were up more than 4% Friday after it reported $28.4
million, or $1.09 per diluted share, in net income for Q1 2015, up
from a net income of $26.2 million, or $1 per diluted share, in the
comparable period last year. The average estimate by 15 analysts is
for $1.09, according to Capital IQ.
Net sales increased 9.1% to $261.9 million during the quarter,
with comparable store sales up 4.1%.
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