Markets
DRI

Consumer Sector Update for 12/18/2015: DRI, KMX

Top Consumer Shares:

WMT: -0.7%

MCD: +1.1%

DIS: +0.2%

CVS: flat

KO: -1.0%

GE: -0.5%

Consumer shares were mixed ahead of the opening bell on Friday.

In consumer stocks news, Darden Restaurants ( DRI ), which operates the restaurant chains Olive Garden and Longhorn Steakhouse, and other restaurants such as Bahama Breeze, Friday reported fiscal Q2 ended Nov. 29 earnings above street views, but was shy on revenues.

Shares in the company were 2.8% higher at $60 pre-bell. This is within the lower band of the stock's 52 week trading range between $53.38 and $75.60.

And CarMax Inc ( KMX ), a seller of used vehicles, reported Friday its financial results for Q3 that trailed analyst estimates. Net income for the quarter was $128.2 million, down slightly from $130 million in Q3 last year.

Shares in the company were 7.3% lower at $52.98 pre-bell. This is within the lower band of the stock's 52 week trading range between $53.46 and $75.40.

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.

In This Story

DRI KMX

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More