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Consumer Sector Update for 02/15/2018: POOL,AAN,USFD,THS


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Top Consumer Stocks

WMT +1.71%

MCD +0.38%

DIS +0.34%

CVS +0.59%

KO +1.24%

Consumer stocks continued to increase their previous gains during Thursday trading, with shares of consumer staples companies in the S&P 500 rising over 1.4% this afternoon while shares of consumer discretionary firms in the S&P 500 were climbing almost 0.7%.

Among consumer stocks moving on news:

+ Pool Corp ( POOL ) rallied to a new all-time high on Thursday, reaching a best-ever $149.88 a share, after reporting Q4 financial results topping analyst expectations and also guiding its FY18 earnings above the Street consensus. Excluding one-time items, the swimming pool supplies company earned $0.21 per share during the three months ended Dec. 31, beating the Capital IQ consensus by $0.04 per share. Revenue rose to $510.2 million from $445.2 million during the same quarter last year and also exceeding the $479.3 million Street view. For FY18, Pool is projecting adjusted net income in a range of $5.36 to $5 61 per share, representing an increase of between 27% to 33% over prior-year levels and topping the analyst mean by at least $0.63 per share.

In other sector news:

+ Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share. Revenue increased to $884.6 million from $795 million last year, also exceeding the $871.1 million analyst consensus. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue. That compares with the Street view looking for $3.20 per share and $3.67 billion in revenue.

+ US Foods ( USFD ) rose Thursday after reporting adjusted Q4 net income and revenue exceeding analsyt estimates. Excluding one-time items, it earned $0.44 per share on $6.0 billion in revenue. Analysts, on average, were modelling for an adjusted Q4 profit of $0.43 per share on $5.92 billion in revenue. The company is expecting revenue to grow between 3% to 4% to an implied revenue range of $24.87 billion to $25.12 bilion, straddling the $25.06 billion Street view.

- Treehouse Foods ( THS ) tumbled Thurday, sinking to its lowest price since November 2009 at $36.35 a share, after the food and beverage company issued Q1 and FY18 projections for adjusted net income lagging analyst expectations. Excluding one-time items, the company is expecting adjusted Q1 net income in a range of $0.10 to $0.20 per share, missing the Capital IQ consensus by at least $0.33 per share. It also sees FY18 adjusted net income of between $2.00 to $2.40 per share, trailing the Street view by at least $0.36 per share. For its Q4 ended Dec. 31, Treehouse earned $1.02 per share, excluding one-time items, on $1.70 billion in net sales. Analysts, on average, were expecting the company posting adjusted net income of $0.93 per share on $1.70 billion in sales.

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: POOL , AAN , USFD , THS


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