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Consumer Sector Update for 12/06/2018: THO, GIII, LE, WMT, MCD, DIS, CVS, KO


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Top Consumer Stocks:

WMT: -1.05%

MCD: -0.56%

DIS: -0.97%

CVS: +0.10%

KO: -0.14%

Consumer stocks were declining in pre-market trading Thursday.

Early movers include:

(-) Thor Industries ( THO ), which was down more than 8% as it booked fiscal Q1 GAAP net income of $0.26 per share, down from $2.43 per share in the prior-year period and lower than the $1.64 per share Street estimate provided by Capital IQ. Adjusted for one-time costs, earnings were $1.28 per share, also lower than the Street estimate of $1.67.

(-) G-III Apparel Group ( GIII ) was down more than 1% as its fiscal Q3 non-GAAP net income rose to $1.88 per diluted share from $1.67 a year ago, beating the $1.81 mean from analysts polled by CapIQ.

(+) Lands' End ( LE ) was almost 6% higher as it reported fiscal Q3 net income of $0.10 per share, up from $0.01 per share a year ago, with the clothing retailer's EPS in line with the Street estimate provided 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: THO , GIII , LE , WMT , MCD



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