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Consumer Sector Update for 09/07/2018: GCO, GIII, COST, RCL, TLYS


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Top Consumer Shares:

WMT: -0.2%

MCD: flat

DIS: flat

CVS: flat

KO: -0.2%

PG: -0.5%

Consumer shares were mostly lower ahead of the opening bell on Friday.

Expected movers:

- Genesco ( GCO ) reported Q2 top and bottom lines above analysts' expectations and guided FY19 in line with Street estimates

- G-III Apparel ( GIII ) reported fiscal Q2 earnings and revenue that topped Street views, and raised its FY19 guidance

- Tilly's ( TLYS ) priced a secondary offering of 5.5 million shares of Class A common stock at $18.50 per share

Other news:

- Costco Wholesale's ( COST ) net sales rose 12% for August compared with a year earlier

- Royal Caribbean Cruises ( RCL ) raised its quarterly dividend by 17% to $0.70 per share

News from overseas:

- Greene King PLC (GNK.LN) shares rose after analysts reacted positively to the company's announcement that it sold 3.7 million beer pints during England's seven World Cup matches

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: GCO , GIII , TLYS , COST , RCL



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