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Consumer Sector Update for 02/01/2019: DECK, YUMC, AMZN, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: +0.23%

MCD: +0.49%

DIS: +0.10%

CVS: -2.44%

KO: +0.77%

Most consumer stocks gain in Friday's pre-bell trade.

Stocks moving on news include:

(+) Deckers Outdoor ( DECK ), which was up more than 6% as it expanded its share buyback program amid better-than-expected results for its fiscal third quarter, which were bolstered by growing sales of its boots brand UGG.

(+) Yum China Holdings ( YUMC ) was more than 3% higher after the company said Q4 sales increased 2% year over year to $1.91 billion but just missed the CapIQ mean for $1.92 billion. Same-store sales grew 2% year over year.

(-) Amazon.com ( AMZN ) was declining by more than 4% as i t report ed fourth-quarter earnings and revenue that both topped forecasts, but estimates for the first quarter missed expectations.

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: DECK , YUMC , AMZN , WMT , MCD




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