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Sector Update: Consumer

Consumer stocks are mostly lower with shares of consumer staples companies in the S&P 500 sliding about 0.3%. Shares of consumer discretionary firms in the S&P 500 are down nearly 0.8%.

In company news, Nautilus Inc ( NLS ) is down 21.4% at $7.15, falling to its lowest price since early May after last night reporting an adjusted Q2 net loss of $0.04 per share, $0.03 wider than its year-ago loss and trailing analyst expectations for a break-even quarter.

Net sales for the maker of athletic training equipment declined 8.5% from the same quarter last year to $36.2 million, also lagging the Street view by $4.1 million.

In other sector news,

(+) ARCI, (+6.7%) Earns $0.13 per share in Q2, reversing year-ago $0.12 per share loss. Revenue climbs 9.2% from the same quarter last year to $32.3 million. No analyst estimates were available for comparison.

(-) AEO, (-16.2%) Halves FY13 earnings forecast from its prior guidance, now expecting $0.10 per share because of weaker-than-expected sales and reduced margins. Total Q2 revenues slide 2% from year-ago quarter.

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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