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Consumer Sector Update for 01/24/2018: WMT, MCD, DIS, CVS, KO, PG, GWW, NSC, SBUX, JAX


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Top Consumer Shares:

WMT: +0.1%

MCD: -0.0%

DIS: +0.4%

CVS: +0.6%

KO: flat

PG: +0.3%

Consumer shares were steady ahead of the opening bell on Wednesday.

Expected movers:

– W.W. Grainger ( GWW ): Q4 EPS, revenue beat forecasts; raises 2018 EPS guidance

– Norfolk Southern ( NSC ): posts higher Q4 earnings; revenue tops views

Other news:

– Starbucks ( SBUX ): allots $250 million for wage increases, additional benefits to employees

– J. Alexander’s ( JAX ): says shareholders owning around 20% support acquisition of 99 restaurants

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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