Top Consumer Shares:
Consumer shares were higher ahead of the opening bell Friday.
In consumer stocks news, McDonald's ( MCD ) shares edged higher in Friday's pre-market session after the fast-food giant reported lower Q4 earnings and revenue, with comparable sales falling in all three of its regions on lower guest traffic and comparable sales expected to be down again in January, while the company set its lowest capital budget in more than five years.
Shares in the company were trading 0.4% higher at $91.22 during the pre-market trading session. Over the past 52 weeks, the company has traded between $87.62 and $103.78.
Meanwhile Kimberly-Clark ( KMB ), a manufacturer and marketer of consumer tissues and personal care products, as well as shares were down 4.5% at $113.65 before the opening bell after it reported higher Q4 earnings on a drop in sales, both coming in shy of the analyst consensus on Capital IQ.
Q4 adjusted earnings were $1.35 per share, up from $1.30 per share last year and below the Street view of $1.37 per share. Sales declined 1% to $4.8 billion, below expectations of $4.91 billion.
Shares in the company have traded between $99.20 and $119.01 over the past 52 weeks.
And The Michaels Companies ( MIK ), an arts and crafts specialty retailer, has priced an underwritten public offering by stockholders of 18.8 million shares of its common stock at a price of $23.52 per share.
Shares in the company were trading 2.6% higher at $24.12 during pre-market trading. Over the past 52 weeks, the company has traded between $14.51 and $25.60.
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