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Moderate Gains For Consumer Stocks Today; Coca-Cola Q3 Profit, Sales Seen Slipping From Year-Ago Levels

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Top Consumer Stocks

WMT -0.21%

MCD 0.00%

DIS +1.06%

CVS +0.12%

KO +0.08%

Consumer stocks are moderately higher with shares of consumer staples companies in the S&P 500 picking up 0.3%. Shares of consumer discretionary firms in the S&P 500 are ahead 0.4%.

In company news, The Coca-Cola Company ( KO ) is inching higher at $37.80 a share, rising about 0.1% shortly before tonight's market close and the soft-drink bottler's pre-market earnings announcement early tomorrow.

Analysts, on average, are expect KO to post a $0.53 per share Q3 profit, down 0.02% from year-ago levels, according to Capital IQ. Revenue is projected to slip 2.3% year over year to $12.05 billion.

In other sector news,

(+) TXRH, Shares of the restaurant chain climb to new 52-week high following an upgrade to Buy from Hold at Miller Tabak, which also raised it price target to Buy from Hold.

(-) EXPE, Cut to Hold from Buy at Deutsche Bank, which cited worries about business at its hotels.com division.

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

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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.

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