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Consumer Sector Update for 02/01/2018: WMT, MCD, DIS, CVS, KO, PG, RL, AN, NBEV, JMAT.L


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Top Consumer Shares:

WMT: -0.3%

MCD: flat

DIS: +0.2%

CVS: -0.5%

KO: -0.3%

PG: flat

Consumer shares were mixed ahead of the opening bell on Thursday. Major manufacturer motor-vehicle sales are set to be posted during the day.

Expected movers:

– Ralph Lauren ( RL ): fiscal Q3 adjusted profit, revenue top Street mark

– AutoNation ( AN ): Q4 results beat analyst estimates

– New Age Beverages Corporation ( NBEV ): starts Canada shipments of Coco-Libre and Bucha Live Kombucha brands in expanded distribution throughout Loblaws and Sobeys

News from overseas:

– Johnson Matthey Plc (JMAT.L): ticks higher in London trading following disposal of part of business

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

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