Markets

Consumer Sector Update for 06/07/2018: CONN, SJM, MTN, BKE, LULU, COST

Top Consumer Shares:

WMT: +0.1%

MCD: +0.7%

DIS: +0.1%

CVS: flat

KO: +0.1%

PG: +0.2%

Consumer shares were mostly higher ahead of the opening bell on Thursday

Expected movers:

- Conn's ( CONN ): posted better-than-expected Q1 results while same store sales declined 3.5%

- J.M. Smucker Company ( SJM ): reported fiscal Q4 miss on both top and bottom lines

- Vail Resorts ( MTN ): reported fiscal Q3 earnings and revenue that both topped analysts' expectations.

Other news:

- The Buckle ( BKE ): reported a 3.6% increase in comparable-store net sales for the four-week period ended June 2

- lululemon athletica ( LULU ): said its board of directors authorized the repurchase of up to a total of $600 million worth of its common stock

- Costco Wholesale (COST): reported 8% increase in total company comparable sales for May vs the prior year period

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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