Top Consumer Stocks:
Top consumer stocks were mixed in Thursday's pre-bell trading.
Stocks moving on news include:
(-) Pier 1 Imports (PIR), which was more than 19% lower after the company said Q4 same-store sales decreased 13.7% and net sales decreased 19.5% to $412.5 million from the year-ago period. The CapIQ mean was for Q4 sales of $420.73 million.
(-) Sleep Number (SNBR) was declining nearly 14% as it reported fiscal Q1 earnings that topped but revenue that missed Wall Street expectations. EPS grew 54% to $0.80 for the period ended March 30, from $0.52 a year earlier.
(-) Skechers U.S.A (SKX) was down more than 13% after the company posted Q1 earnings of $0.71 per diluted share, down from $0.75 per share a year ago and below the $0.73 average estimate from analysts polled by Capital IQ.
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