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UNF

Consumer Sector Update for 06/26/2019: UNF,FTDR,GIS

Top Consumer Stocks

WMT -0.19%

MCD -0.53%

DIS +0.04%

CVS +0.77%

KO -0.92%

Consumer stocks were broadly mixed, with shares of consumer staples companies in the S&P 500 falling 1.1% this afternoon while shares of consumer discretionary firms in the S&P 500 were ahead 0.4%.

Among consumer stocks moving on news:

(+) UniFirst (UNF) was posting a 6.5% advance after the workplace uniforms company reported above-consensus fiscal Q3 financial results, earning $2.46 per share on $453.7 million in sales during the three months ended May 25. Analysts, on average, had been expecting a $1.69 per share profit for UniFirst on $441.7 million in sales.

In other sector news:

(+) Frontdoor (FTDR) climbed over 5% after Raymond James raised its price target on the home service plans company by $3 to $48 a share and also reiterated its outperform rating for the stock.

(-) General Mills (GIS) declined Wednesday, sinking 4%, after the packaged foods company missed Wall Street expectations with its Q4 sales, reporting a 7% increase over year-ago levels to $4.16 billion during the three months ended May 26 but still lagging the $4.24 billion Capital IQ consensus.

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

UNF FTDR GIS

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