Top Consumer Shares:
WMT: -0.3%
MCD: flat
DIS: +0.4%
CVS: +0.6%
KO: +0.2%
GE: +0.1%
Consumer shares were mainly higher ahead of the opening bell Friday.
In consumer stocks news, Gordmans Stores ( GMAN ) Friday reported a wider than expected Q3 loss, on sales that were about in line with street views. Shares were flat in pre-bell trading after yesterday falling 6.9% to $2.57, on the low end of the 52-week range of $2.42-$8.92.
Foot Locker ( FL ), a retailer of shoes and apparel, reported Friday its third-quarter net income topped Street consensus, while revenues were in line. Shares jumped 8.7% in pre-market trading to $66.89 a unit, within the 52-week range of $51.12-$77.25.
And Gap ( GPS ) saw its price target lowered to $23 from $26 by Mizuho Securities, while the firm retained its underperform rating on the stock. The stock was flat in pre-bell after yesterday falling 1.2% to $25.09 per unit, on the low end of the 52-week range of $24.70-$43.90.
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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.
