Consumer Sector Update for 01/10/2019: BKE, KSS, LB, WMT, MCD, DIS, CVS, KO

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Top Consumer Stocks:

WMT: -1.70%

MCD: Flat

DIS: -0.58%

CVS: -0.29%

KO: -0.37%

Consumer stocks were declining in pre-market trading Thursday.

Early movers include:

(-) Buckle Inc. ( BKE ), which was down more than 8% after posting a 0.2% decline in comparable-store net sales for the five-week period ended Jan. 5 versus the comparable period last year. Net sales for the five-week fiscal month ended Jan. 5 were $137.4 million, down 6.7% from $147.2 million in net sales in the year-ago period.

(-) Kohl's ( KSS ) was more than 7% lower as i t report ed holiday sales that while up year-over-year badly trailed the prior year's annual increase. The retailer said sales during the November and December holiday period increased 1.2% on a shifted basis. Still, the increase in sales was far below the 7% gain realized on an annual basis last year, Kohl's data show.

(-) L Brands ( LB ) was declining by more than 7% after it posted sales of $2.48 billion for the five weeks ended Jan. 5, slightly down from $2.52 billion for the five weeks ended Dec. 30, 2017.

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

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This article appears in: Business , Commodities
Referenced Symbols: BKE , KSS , LB , WMT , MCD

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