X
<

Consumer Sector Overview: August 28–September 1, 2017

PART:
1 2 3 4 5 6
Part 3
Consumer Sector Overview: August 28–September 1, 2017 PART 3 OF 6

Top Gainers in the Consumer Sector: August 28–September 1

Top gainers

Before the market opened on August 30, Kentucky-based alcoholic beverage company Brown-Forman (BF-B) (BF-A) reported its fiscal 1Q18 results. The company posted EPS (earnings per share) of $0.46 in fiscal 1Q18—28.0% higher than its EPS in 1Q17. Its earnings were 18.0% ahead of analysts’ estimates. The company reported a 9.0% YoY increase in its revenue to $723.0 million. Its revenue also surpassed estimates of $689.5 million. The increased earnings and revenue drove the stock ~6.0% higher last week. As of September 1, the stock rose 5.9% last week and 18.8% year-to-date.

Top Gainers in the Consumer Sector: August 28–September 1

Interested in COST? Don't miss the next report.

Receive e-mail alerts for new research on COST

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Costco Wholesale (COST) reported its August sales results on August 30. For the four weeks ending August 27, 2017, its net sales rose 10.0% to $9.8 billion in August. Costco’s comparable sales rose 7.3% in August. Regionally, its comparable store sales rose 7.4% in the US, 8.2% in Canada, and 6.0% in other international locations. Costco stock benefited from strong August sales results and rose 3.8% in the week ending September 1.

X

Please select a profession that best describes you: