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Consumer Sector Update for 03/14/2019: TLRD, DG, GCO, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -0.48%

MCD: -0.12%

DIS: -0.03%

CVS: +0.76%

KO: -0.76%

Pre-bell Thursday saw most top consumer stocks retreat.

Early movers include:

(-) Tailored Brands ( TLRD ), which was slipping by more than 20% after it posted adjusted net loss of $0.28 per share in Q4, reversing from a break-even a year ago, just a cent better than analysts' expectations of $0.29 loss per share in a Capital IQ poll. It also provided downbeat Q1 guidance.

(-) Dollar General ( DG ) was down almost 7% as i t report ed Q4 2018 adjusted diluted earnings per share of $1.84, up from $1.48 during the year-ago quarter, but missing the Capital IQ consensus forecast of $1.89.

(-) Genesco ( GCO ) was declining by more than 3% after booking fiscal Q4 2019 adjusted earnings of $2.18 per share, up from $1.85 in the comparable period a year ago and missing the estimate of $2.33 from analysts polled by Capital IQ.

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: TLRD , DG , GCO , WMT , MCD




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