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Consumer Sector Update for 05/03/2016: FDP, H

Top Consumer Shares:

WMT: -0.9%

MCD: -0.7%

DIS: flat

CVS: +0.8%

KO: flat

GE: -0.4%

Consumer shares were mainly lower of the opening bell Tuesday.

In consumer stocks news, Fresh Del Monte Produce ( FDP ), a food producer and distributor, reported pre-market Tuesday mixed Q1 results, with earnings well above forecasts and revenues increasing slightly from a year earlier but shy of views compiled by Capital IQ.

Shares in the company were unchanged at $43.92 pre-bell. The stock has traded between $36.07 and $47.49 over the past 52 weeks.

Hyatt Hotels ( H ) reported Q1 adjusted net income of $34 million, or $0.25 per share, up from $17 million, or $0.11 per share, during Q1 of 2015, and matching the Capital IQ consensus forecast.

Shares in the company were unchanged at $48.76 pre-bell. The stock has traded between $34.06 and $59.99 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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