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Consumer Sector Update for 10/26/2018: GT, AMZN, CL, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -0.84%

MCD: -0.80%

DIS: -1.06%

CVS: -0.86%

KO: -0.58%

Consumers stocks were retreating pre-market Friday.

Early movers include:

(-) Goodyear Tire & Rubber ( GT ), which was down more than 8% as the company posted Q3 adjusted earnings of $0.68 per share, down from $0.70 in the same period a year ago and missing the estimate of $0.74 from analysts polled by Capital IQ.

(-) Amazon ( AMZN ) was declining by 8% after it posted double-digit growth in sales in its third quarter, but narrowly missed analysts' estimates despite reporting a surge in net income as the company further expanded its customer base among private and public sector organizations.

(-) Colgate-Palmolive ( CL ) was more than 5% lower as it announced Q3 adjusted earnings of $0.72 per diluted share, down by a cent from $0.73 per share a year ago but in line with the $0.72 average estimate 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: GT , AMZN , CL , WMT , MCD



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