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Last Week’s Consumer Space: Which Stocks Were the Outliers?

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S&P 500 price movements

At the end of the fourth week of April 2016, the S&P Consumer Staples slightly outperformed the S&P 500 and the S&P Consumer Discretionary as a whole. The indexes had respective returns of 0.74%, -1.3%, and -0.33%.

On the other hand, S&P 500 stocks had a monthly return of 0.27%, which is much higher than the 0.05% and -1.5%, from the S&P Consumer Discretionary and the S&P Consumer Staples, respectively.

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Last week’s updates from the consumer sector

Key consumer sector updates for the fourth week of April 2016 are as follows.

  • Reynolds American’s (RAI) net sales and income rose in fiscal 1Q16.
  • Dr Pepper Snapple Group (DPS) reported results for fiscal 1Q16 and an outlook for fiscal 2015. Plus, Barclays raised its target price on the stock.
  • Ball Corporation (BLL) reported a loss in fiscal 1Q16 and declared a dividend of 13 cents per share.
  • Coach’s (COH) performance improved in fiscal 3Q16.
  • Colgate-Palmolive’s (CL) net sales and income fell in fiscal 1Q16.

In this series, we’ll look at the above stocks’ performances, price movements, and latest quarterly results.

The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500. XLP is the ETF of consumer goods.

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