K

Consumer Sector Update for 11/03/2015: BLMN, K, TZOO

Top Consumer Shares:

WMT: -0.2%

MCD: +0.1%

DIS: flat

CVS: -0.3%

KO: +0.1%

GE: flat

Consumer shares were mixed ahead of the opening bell Tuesday.

In consumer stocks news, Bloomin' Brands ( BLMN ), a casual dining restaurants operator, reported mixed fiscal Q3 results compared to analysts' expectations while lowering its guidance for 2015 revenue.

Shares in the company were unchanged at $17.33 pre-bell, towards the lower end of the company's 52 week trading range between $16.49 and $26.25.

Kellogg Company ( K ), a manufacturer and marketer of ready-to-eat cereal and convenience foods, reported Q3 earnings per share of $0.85, below the $0.94 the company reported for the same period last year, but ahead of the Capital IQ consensus estimate of $0.84.

Shares in the company were 3.3% lower at $68.30 pre-bell. Over the past 52 weeks, the company has traded between $61.13 and $72.34.

And Travelzoo ( TZOO ) shares jumped 9.2% to $10 in recent pre-market trade after the global media commerce company posted better-than-expected Q3 results with revenue growth in all markets on a constant currency basis.

The stock's shares have traded between $8.02 and $14.29 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.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.