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Who Gained the Most in the Consumer Sector Last Week?

Sushree Mohanty - Author
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Feb. 14 2018, Published 8:43 a.m. ET

Top gainers in the consumer sector

Coty (COTY) released its fiscal 2Q18 results before the market opened on February 8. Its revenue increased 14.8% YoY to $2.63 billion—compared to $2.29 billion in 2Q17 and surpassed estimates by 6.2%. The company’s earnings rose 6.7% YoY (year-over-year) to $0.32 per share and exceeded the estimate of $0.23 per share. Coty stock rose 10.0% last week.

Church & Dwight (CHD) announced its fiscal 4Q17 results on February 5. Church & Dwight’s revenue rose 15.3% YoY to $1.03 billion and surpassed the estimates by 3.0%. The company’s EPS (earnings per share) rose 18.2% to $0.52 and also exceeded the forecast by 4%. Church & Dwight stock rose 4.8% last week.

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Kellogg (K) reported its fiscal 4Q17 results on February 8. Kellogg’s revenue rose ~4% YoY to $3.2 billion—compared to $3.09 billion in 4Q16. Kellogg’s EPS increased to $0.96—compared to its EPS of $0.92 last year. Kellogg’s revenue surpassed estimates by 4.3%. The company’s EPS was in line with estimates. The stock increased 2.9% last week.

TripAdvisor (TRIP) stock rose 11.5% last week after SunTrust analyst Robinson Humphrey raised the target price for the stock to $37 from $34. He stated that the company could be a potential takeout candidate. Credit Suisse also raised the target price to $33 from $31.

On February 5, Barclays raised the target price for Mattel (MAT) stock to $16 from $15. BMO also raised the target price to $23 from $20, while Citigroup raised the target price to $20 from $19. The stock rose 4.5% last week.

Tyson Foods (TSN) announced its fiscal 1Q18 results on February 8. Tyson Foods reported an 11.4% increase in revenue to $10.2 billion and surpassed the estimate by 3.6%. The company’s EPS increased to $1.81—compared to $1.59 in 1Q17. Tyson Foods’ earnings surpassed the estimate of $1.5 per share. The stock rose 0.5% last week.

Tapestry (TPR) announced its fiscal 2Q18 results on February 6 before the market opened. Tapestry’s revenue rose 35.0% YoY to $1.78 billion and surpassed the estimates by 0.7%. The company’s EPS rose ~43% to $1.07 and surpassed the estimates by 20%. The stock increased 6.7% last week.

Hasbro (HAS) announced its fiscal 4Q17 results on February 7. Hasbro’s revenue fell 2.1% YoY to $1.6 billion. The company’s EPS increased 40.2% YoY to $2.3. Hasbro’s revenue missed the consensus estimate by 7.0%, while its EPS surpassed the estimate by 28%. Earnings growth drove the stock increase of 3.8% last week.

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