Who Were the Outliers in the Consumer Space Last Week?
Last Week's Best and Worst Performers in the Consumer Sector
Price movement of the S&P 500 indexes
On January 15, 2016, the S&P Consumer Staples sector slightly outperformed the S&P 500 as a whole with returns of -1.6% compared to -2.2%. On the other hand, the S&P Consumer Discretionary stocks outperformed -2.1%. The S&P 500 Consumer Staples are usually relatively safe stocks.
Along those same lines, the S&P Consumer Staples stocks have a monthly return of 2.5%, which is much higher than the -1.8% and -3.0% from the S&P 500 and the S&P 500 Consumer Discretionary, respectively.
Last week’s updates from the consumer sector
Key consumer sector updates for the second week of January 2016 are as follows:
Lululemon Athletica (LULU) rose by 3.8% with the rise in its projection for fiscal 4Q15.
Seres Therapeutics (MCRB) has an agreement with Nestle to expand.
Henry Schein (HSIC) rose by 0.05% with the acquisition of RxWorks.
Greggs’ sales rose by 5.2% in fiscal 2015.
Coty (COTY) rose by 1.8% with the transfer of licenses from Procter & Gamble.
Rentokil made some acquisitions in fiscal 4Q15.
BorgWarner (BWA) announced its future outlook for fiscal 2016.
Sainsbury had a mixed performance in fiscal 3Q16.
GoPro (GPRO) announced preliminary results for fiscal 4Q15.
CLARCOR (CLC) fell by -1.6% with the fall in performance in fiscal 4Q15.
Brown-Forman (BF.B) rose by 1.3% with the agreement to sell its brands.
In the rest of this series, we will take a look at the above stocks’ performances, price movements, and latest quarterly results.
The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500.
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