Consumer Sector Update for 03/14/2019: FLNT,DG,TLRD

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Top Consumer Stocks

WMT -0.42%

MCD -0.16%

DIS +0.32%

CVS -0.65%

KO +0.14%

Consumer stocks were lower Thursday, with shares of consumer staples companies in the S&P 500 falling 0.2% this afternoon while shares of consumer discretionary firms in the S&P 500 were falling 0.3%.

Among consumer stocks moving on news:

(-) Fluent ( FLNT ) declined Thursday, falling 11%. The marketing and customer acquisition company reported non-GAAP net income of $0.08 per share, up from $0.07 per share during the year-ago period and beating the Capital IQ consensus by $0.02 per share. Revenue increased 25% year over year to $70.8 million, also topping the $65.9 million analyst mean.

In other sector news:

(-) Dollar General ( DG ) fell 8% after the discount retailer reported adjusted Q4 net income of $1.84 per share, improving on a $1.48 per share profit during the year-ago period but still lagging the Capital IQ consensus by $0.05 per share.

(-) Tailored Brands ( TLRD ) dropped almost 23% after the apparel company reported a drop in fiscal Q4 revenue, falling to $785.76 million during the three months ended Feb. 2 from $859.86 million during the same quarter last year and missing the $801.24 million Capital IQ consensus call.

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: FLNT , DG , TLRD

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