Outliers in the Consumer Space in January’s Fourth Week

Price movement of S&P 500 indexes

At the end of the fourth week of January 2017, the S&P Consumer Discretionary sector had slightly outperformed the S&P 500 and the S&P Consumer Staples sector. The indexes had respective returns of 1.4%, 1.0%, and -0.39%.

Outliers in the Consumer Space in January’s Fourth Week

S&P Consumer Discretionary stocks had a monthly return of 4.6%, much higher than 2.5% and 1.0% returns of the S&P 500 and the S&P Consumer Staples stocks, respectively.

Last week’s consumer sector updates

Key consumer sector updates in the fourth week of January 2017 were as follows:

  • Whirlpool (WHR) announced its new restructuring plans.
  • Spectrum Brands (SPB) declared its dividend and new share repurchase program.
  • Mead Johnson Nutrition Company (MJN) announced its 4Q16 results.
  • Oshkosh (OSK) announced its fiscal 1Q17 results and quarterly dividend.
  • Kimberly-Clark (KMB) announced it 4Q16 results.
  • Moody’s Investors Service announced the review of Silgan Holdings’ (SLGN) rating.

In the coming articles, we’ll take a look at the above’ stocks’ 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 Whirlpool.