Consumer Cos Ticked Down After Mixed Earnings -- Consumer Roundup
|12/10/2019 | 04:53pm|
Shares of retailers and other consumer-services companies fell slightly after a mixed batch of earnings reports.
Shares of AutoZone rallied to all-time high after the after-market auto-parts store posted surprisingly strong quarterly sales and profit growth.
Saks Fifth Avenue owner Hudson's Bay posted a wider loss and dwindling sales in the latest quarter, the latest bricks-and-mortar department store to reveal its struggles with online competition.
Nike employees staged a protest over the company's treatment of women on the same day the sportswear company reopened a headquarters building named after the disgraced running coach Alberto Salazar.
Chinese auto sales fell for the 17th straight month in November, the latest sign of saturation in what was long the world's fastest growing auto market.
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