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WMT

Consumer Sector Update for 01/10/2019: BKE, KSS, LB, WMT, MCD, DIS, CVS, KO

Top Consumer Stocks:

WMT: -1.70%

MCD: Flat

DIS: -0.58%

CVS: -0.29%

KO: -0.37%

Consumer stocks were declining in pre-market trading Thursday.

Early movers include:

(-) Buckle Inc. ( BKE ), which was down more than 8% after posting a 0.2% decline in comparable-store net sales for the five-week period ended Jan. 5 versus the comparable period last year. Net sales for the five-week fiscal month ended Jan. 5 were $137.4 million, down 6.7% from $147.2 million in net sales in the year-ago period.

(-) Kohl's ( KSS ) was more than 7% lower as i t report ed holiday sales that while up year-over-year badly trailed the prior year's annual increase. The retailer said sales during the November and December holiday period increased 1.2% on a shifted basis. Still, the increase in sales was far below the 7% gain realized on an annual basis last year, Kohl's data show.

(-) L Brands ( LB ) was declining by more than 7% after it posted sales of $2.48 billion for the five weeks ended Jan. 5, slightly down from $2.52 billion for the five weeks ended Dec. 30, 2017.

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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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