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Consumer Sector Update for 06/11/2019: LOVE, NVFY, CASY, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: +0.60%

MCD: +0.52%

DIS: +0.67%

CVS: -0.75%

KO: +0.21%

Leading consumer stocks were mostly higher in Tuesday's pre-market trading .

Stocks moving on news include:

(-) Lovesac ( LOVE ), which was slumping more than 12% after i t report ed a wider-than-estimated adjusted net loss but higher-than-estimated revenue for its most recent quarter. Adjusted net loss shrank to $0.67 per share for the 13 weeks ended May 5, from a net loss of $0.41 per share for the year-ago period.

(+) Nova Lifestyle ( NVFY ) was almost 32% higher after it received authorization from the board to repurchase up to $2 million shares of its common stock.

(+) Casey's General Stores ( CASY ) was rallying by more than 8% as its diluted EPS rose to $0.68 in Q4 from $0.51 a year earlier, surpassing analysts' estimates of $0.49 in a Capital IQ poll.

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: LOVE , NVFY , CASY , WMT , MCD



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