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Consumer Sector Update for 05/15/2019: TCS, PLCE, TSG, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -0.29%

MCD: Flat

DIS: -0.25%

CVS: -0.49%

KO: +0.02%

Consumer heavyweights were mixed pre-market Wednesday.

Stocks moving on news include:

(+) Container Store ( TCS ), which was over 10% higher as its adjusted EPS rose to $0.33 in Q4 from $0.18 a year earlier, beating analysts' estimates of $0.30 in a Capital IQ survey.

(-) The Children's Place ( PLCE ) was declining by more than 6% after reporting Q1 adjusted earnings per diluted share of $0.36, down from $1.87 during the year-ago quarter, but easily beating the Capital IQ consensus forecast of a loss of $0.49 a share.

(-) The Stars Group ( TSG ) was over 3% lower after it booked Q1 adjusted earnings of $0.38 per share, down from $0.67 in the same period a year ago and missing the estimate of $0.44 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: TCS , PLCE , TSG , WMT , MCD



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