Consumer Sector Update for 12/06/2017: AEO

Shutterstock photo

Top Consumer Shares:

WMT: -0.2%

MCD: -0.4%

DIS: -0.2%

CVS: -0.5%

KO: flat

GE: -0.1%

Consumer shares were mainly lower ahead of the opening bell Wednesday.

In consumer stocks news, American Eagle Outfitters ( AEO ), a specialty retailer of clothing and personal care products, reported Wednesday fiscal Q3 net profit of $0.36 per share, down from $0.41 per share in the prior year period. On an adjusted basis, net profit for the quarter was $0.37 per share, which came in lower than the $0.38 per share Street estimate provided by Capital IQ.

Shares in the company were 5% higher at $16.85 pre-bell.

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: AEO

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities

Research Brokers before you trade

Want to trade FX?