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Consumer Sector Update for 01/07/2016: BKS, STZ

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Top Consumer Shares:

WMT: -0.9%

MCD: -1.3%

DIS: -1.7%

CVS: -1.6%

KO: -1.6%

GE: -1.8%

Consumer shares were mainly lower ahead of the opening bell on Thursday.

In consumer stocks news, Barnes & Noble ( BKS ), the book retailer, said comparable store sales in the nine-week period ended Jan. 2 rose 0.6%. Core comparable sales, excluding Nook products, rose 1.6% while Nook sales dropped 25.8% to $41.2 million.

Shares in the company were 1.9% higher at $9 pre-bell. The company has traded between $8.35 and $19 over the past 52 weeks.

And Constellation Brands Inc ( STZ ) shares were 1.5% higher at $145.29 pre-market after the drinks company posted better-than-expected fiscal Q3 results, boosted by strong beer sales and the acquisition of the Meiomi wines brand and said it plans a new $1.5 billion brewery in Mexico.

Shares in the company have traded between $105.21 and $144.87 over the past 52 weeks.

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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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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