Sector Update: Consumer Shares Mixed Pre-Market; Campbell Soup up 1% on Q4 Results

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Top Consumer Shares:

WMT: flat

MCD: -0.60%

DIS: +0.12%

CVS: flat

KO: +0.21%

GE: -0.17%

Consumer shares are mixed in pre-bell trading. Campbell Soup ( CPB ) shares are up about 1% at $45.12 after it reported Q4 adjusted EPS of $0.45, versus the analyst consensus of $0.42 per share on Capital IQ. Sales were $1.821 billion, vs. expectations of $1.835 billion.

In fiscal 2014, the company expects continuing operations to grow sales by 5% to 6%, adjusted EBIT to grow by 5% to 7% and adjusted EPS to grow by 3% to 5%. Fiscal 2014 comprises 53 weeks, one additional week compared to fiscal 2013, the benefit of which is expected to be offset by the anticipated impact of currency translation.

And, 1-800-FLOWERS.COM, Inc. ( FLWS ) reported Q4 earnings of $0.01 per share, ex one-time items, versus the Capital IQ consensus of $0.00. Revenues were $173 million, versus the analyst estimate of $181.94 million. In the same period last year, the company reported EPS of $0.03 on revenues of $177.3 million.

For FY14, the company expects to achieve revenue growth across all three of its business segments with consolidated revenue growth for the year expected to be in the mid-single-digit range. Shares closed at $5.81 with a 52-week range of $2.77 - $7.17.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: CPB , FLWS

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