Who Were the Outliers in the Consumer Space on May 4?

On May 4, 2016, the S&P Consumer Staples slightly outperformed the S&P 500 and the S&P Consumer Discretionary as a whole. The indexes had returns of 0.28%, -0.59%, and -0.47%, respectively.

S&P 500 stocks had a monthly return of 0.27%. That’s much higher than 0.05% and -1.5% from the S&P Consumer Discretionary and the S&P Consumer Staples, respectively.

The top-losing stocks on May 4, 2016, were as follows:

• Under Armour (UA): fell 7.5% after the announcement of organizational changes in the company’s management
• Delphi Automotive (DLPH): fell 4.2%
• Tesla Motors (TSLA): fell 4.2%
• Kate Spade (KATE): fell 2.2%

The top-gaining stocks on May 4, 2016, were as follows:

• Trinseo (TSE): rose 7.8% due to a rise in net income and EPS (earnings per share) in fiscal 1Q16
• Energizer Holdings (ENR): rose 4.0% due to a positive net income in fiscal 2Q16
• Kraft Heinz (KHC): rose 1.7%

In this series, we’ll take a look at these stocks, their performances, price movements, and latest quarterly results.

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

Let’s start with Under Armour ‘s organizational changes.