RECENT Consumer Discretionary RESEARCH
On October 31, Papa John’s reported 3Q17 adjusted EPS of $0.60 on revenues of $431.7 million, which shows EPS growth of 5.3% and revenue growth of 2.2%.
On the day of its 3Q17 earnings release, Ferrari stock opened at $118.42, down 1.3% from the previous session’s closing price. The stock extended these losses later in the session.
Clorox (CLX) reported better-than-expected fiscal 1Q18 results. The company’s sales and EPS (earnings per share) exceeded analysts’ estimate.
Baltimore-based Under Armour (UAA) reported its 3Q17 results on October 31.
Columbia Sportswear (COLM) reported its 3Q17 results after the market closed on October 26. COLM’s total sales increased 0.2% to $747.0 million, beating the consensus by $11.0 million.
Colgate-Palmolive (CL) reported its 3Q17 earnings on October 27. CL’s adjusted earnings per share of $0.73 were in line with estimates and remained flat on a year-over-year basis.
Starbucks (SBUX) is scheduled to announce its fiscal 4Q17 earnings after the market closes on November 2, 2017. As of October 27, 2017, the company was trading at $54.88.
In 3Q17, Ferrari stock continued to trade on a bullish note and impressed investors with returns of about 28.4%.
Ford (F) announced its 3Q17 results on October 26. Ford reported adjusted earnings per share (or EPS) of $0.43 in 3Q17, ~65.4% higher than its adjusted EPS of $0.26 in 3Q16.
Hyatt (H), which is expected to report its 3Q17 results on November 2, is the only major hotel stock to fall in October. Hyatt stock has fallen 0.74% month-to-date.
Chipotle Mexican Grill (CMG) posted its 3Q17 earnings after the market closed on October 24. In 3Q17, the company had posted adjusted EPS (earnings per share) of $1.33 on revenues of $1.13 billion.
McDonald’s (MCD) posted its 3Q17 earnings on October 24, 2017. Its adjusted EPS (earnings per share) was $1.76 on revenues of $5.75 billion.
VF Corporation (VFC) reported its 3Q17 results on October 23. VFC’s adjusted earnings per share rose 6% year-over-year to $1.23 versus consensus expectations of $1.12.
Best Buy (BBY) stock has risen 32.8% as of October 24 on a YTD (year-to-date) basis.
O’Reilly Automotive (ORLY), one of the largest US auto part retailers, released its fiscal 3Q17 earnings on October 25, 2017.
Clorox (CLX) is set to report its fiscal 1Q18 results on November 1, 2017. CLX stock has risen 6.0% on a year-to-date basis through October 24.
Telsa (TSLA) yielded impressive Wall Street returns of about 69.2% in the first half of 2017, but this optimism didn’t continue in 3Q17.
Shake Shack (SHAK) plans to announce its 3Q17 earnings on November 1. On October 23, Shake Shack stock traded at $35.14, a rise of 6.0% since its 2Q17 earnings report on August 3.
Analysts expect the US-based (SPY) gaming company Electronic Arts (EA) to post revenue of $1.18 billion in fiscal 2Q18, the quarter that ended on September 30, 2017.
Skechers (SKX) reported results for fiscal 3Q17 after the market closed on Thursday, October 19, 2017.