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Consumer Sector Update for 11/09/2018: NBEV, PBPB, REV, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -0.55%

MCD: -0.21%

DIS: +1.40%

CVS: -0.04%

KO: -0.20%

Consumer stocks were mixed early Friday.

Stocks moving on news include:

(-) New Age Beverages ( NBEV ), which was tumbling by more than 21% after the company said it plans to sell shares in an underwritten public offering.

(-) Potbelly ( PBPB ) was falling more than 13% in after the company reported financial results for its fiscal Q3, with earnings and revenue falling short of analysts' expectations; it also provided earnings guidance for fiscal 2018 below Street forecasts.

(+) Revlon ( REV ) was up more than 12% as it swung to a Q3 adjusted profit of $0.14 per share from a loss of $0.38 per share in the same period a year ago. Capital IQ provided a single estimate for a loss of $0.40 per share.

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: NBEV , PBPB , REV , WMT , MCD



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