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WMT

Consumer Sector Update for 03/12/2019: SFIX, DKS, SDI, WMT, MCD, DIS, CVS, KO

Top Consumer Stocks:

WMT: +0.17%

MCD: Flat

DIS: +0.14%

CVS: +0.71%

KO: -0.24%

Most consumer majors were advancing pre-bell Tuesday.

Stocks moving on news include:

(+) Stitch Fix ( SFIX ), which was surging by nearly 26% after the company reported financial results for fiscal Q2, with earnings and revenue that both topped analysts' expectations; it also raised its revenue guidance for fiscal 2019 above Street forecasts.

(-) Dick's Sporting Goods ( DKS ) was declining by more than 6% as it booked 13-week fiscal Q4 adjusted earnings of $1.07 per share, down from $1.22 in the 14-week comparable period a year ago and topping the estimate of $1.06 from analysts polled by Capital IQ.

In other sector news:

(=) Standard Diversified ( SDI ) was unchanged after booking a Q4 net loss of $0.18 per share, compared with net income of $0.05 per share in the prior-year period.

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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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