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Consumer Sector Update for 05/13/2019: JMIA, BUD, EVI, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -1.37%

MCD: -0.77%

DIS: -1.59%

CVS: -1.29%

KO: -0.52%

Top consumer stocks were sinking in Monday's pre-market trading .

Early movers include:

(-) Jumia Technologies ( JMIA ), which was declining more than 10% as the e-commerce company posted a Q1 loss of EUR45.4 million ($51 million), wider than the loss of EUR34.2 million in the same period a year ago.

In other sector news:

(-) The European Commission fined Anheuser-Busch InBev ( BUD ) 200.4 million euros ($225.1 million) for breaching European Union antitrust rules by hindering cheaper imports of its Jupiler beer from the Netherlands into Belgium. InBev was recently down by more than 2%.

(=) EVI Industries ( EVI ) was unchanged after booking an EPS of $0.04 for the three months ended March 31, down from $0.09 for the same period a year ago, as selling, general, and administrative costs grew to $12.3 million from $9.3 million.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Business , Commodities
Referenced Symbols: JMIA , BUD , EVI , WMT , MCD



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