RECENT Consumer Discretionary RESEARCH
Since the beginning of 2017, Papa John’s, Domino’s Pizza, and Yum! Brands have returned -16.2%, 15.1%, and 20.7%, respectively.
According to the latest data compiled by Autodata, August 2017 US auto sales were 1.48 million vehicle units, which was about 1.9% lower than August 2016.
On September 5, 2017, Chipotle announced that it will be adding queso to its menu across the US on September 12, 2017.
Electronic Arts (EA) stock has risen 1.5% since the gaming company announced its fiscal 1Q18 results on July 27, 2017. EA closed at $119.31 on September 1, 2017.
In this series, we’ll look at what may have driven mainstream auto stocks’ positive performance in the week ended September 1.
Consumer ETFs were productive last week. The Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.6% on a weekly basis.
In August 2017, all mainstream US auto companies’ stocks traded on a mixed note. General Motors (GM) rose ~1.6%, while Ford (F) fell 1.7%.
On August 29, Best Buy (BBY) reported strong results and exceeded analysts’ expectations for fiscal 2Q18.
Stocks of major Macao casinos have been on the rise since September 2016 when casino revenues started rebounding.
In this series, we’ll look at Wall Street analysts’ recommendations for auto stocks in August. We’ll also discuss some recent developments for auto companies over the last few months.
PVH Corp (PVH) reported its 2Q17 results after the market closed on August 23, 2017. It once again delivered a beat on both its top and bottom lines.
Last week, the stocks of mainstream automakers General Motors (GM) and Ford Motor (F) outperformed the broader market, rising 2.2% and 2.5%, respectively.
Ulta Beauty (ULTA) stock fell 9.1% to $212.36 on August 25, 2017, in reaction to the company’s results for fiscal 2Q17, which ended on July 29, 2017.
Most of the stocks in the consumer discretionary sector rose last week, which caused the S&P 500 Consumer Discretionary Index to rise 0.39%.
2017 has been a tough year for Altria. The stock has fallen 5.8% since the beginning of 2017.
Wall Street analysts expect a 7.9% YoY (year-over-year) fall in Lululemon’s 2Q17 earnings to $1.01 per share on total sales of $567 million.
In this series, we’ll look at the possible reasons for mainstream automakers’ negative performance in the week ended August 18.
Foot Locker (FL) reported its fiscal 2Q17 results on August 18. The retailer’s earnings per share fell 34% year-over-year to $0.62, missing the consensus by $0.28.
In this series on Ross Stores’ fiscal 2Q17 results, we’ll discuss the company’s sales, earnings, and margins in detail. We’ll also look at how the company’s fiscal 2Q17 results affected its valuation and analysts’ ratings.
On August 21, 2017, Chipotle Mexican Grill (CMG) hit a new 52-week low of $304.50. However, the company’s stock price closed the day at $308.59.