Consumer shares were higher in pre-market trade Wednesday.
In consumer sector news, shares of Barnes & Noble ( BKS ) climbed in Wednesday's pre-market session, after the bookseller reported it swung to a higher-than-expected fiscal Q3 profit, with sales matching analysts' estimates.
In addition, Chief Executive Michael P. Huseby said the company is "actively engaged in discussions with several world-class hardware partners related to device development as well as content packaging and distribution," and plans to launch a new NOOK color device in early fiscal 2015.
And, TJX ( TJX ) reported Q4 sales of $7.80 billion, up 1% over year ago levels but in line to just shy of the Street view of $7.87 billion. Earnings were $0.81, up from adjusted earnings of $0.74 per share last year. The analyst consensus called for EPS of $0.83 per share, according to Capital IQ.
Consolidated comparable store sales increased 3% over the prior year on a 13-week comparable basis.
The company also approved a new $2 billion stock buyback plan and increased its quarterly dividend by 21%.
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