The September U.S. Dollar Index is trading at 96.17, up 0.07.
The U.S. dollar index is trading choppy and just under the highs of the session.
The U.S. Bureau of Labor Statistics reported that year over year Core CPI (consumer price index) for June rose to 2.3 percent versus 2.2 percent May. Year over year CPI was 1.0 percent versus 1.0 percent in May. On the month CPI in June rose 0.2 percent, the same as May.
The Census Bureau reported that June retail sales rose 0.6 percent versus a rise of 0.5 percent in May. Year over year retail sales were up 2.7 percent versus a 2.5 percent rise in May.
Federal Reserve Bank of New York Empire State manufacturing survey for July slipped to 0.55 from 6.01 in June.
The Federal Reserve is scheduled to report Industrial production and capacity utilization at 9:15 a.m. ET.
Posted-In: U.S. Dollar IndexFutures Forex Markets
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Top 10 Consumer Stocks To Invest In Right Now: Media General, Inc.(MEG)
Media General, Inc., formerly Mercury New Holdco, Inc., incorporated on March 19, 2014, is a connected-screen multimedia company. The Company provides news, information and entertainment. The Company’s operating segments include Broadcast and Digital. Its Broadcast segment includes over 70 television stations that are either owned, operated or serviced by the Company in approximately 48 United States markets, all of which are engaged principally in the sale of television advertising. The Company’s Digital segment includes the operating results of the Company’s digital businesses, as well as the business operations related to the television station companion Websites. Digital segment includes LIN Digital, LIN Mobile, LLC (LIN Mobile), HYFN, Inc. (HYFN), Dedicated Media, Inc. (Dedicated Media), BiteSize TV and Federated Media, as well as the business operations related to the television station companion Websites.
The Company’s digital company, LIN Digital, prov ides display and video advertising on LIN Digital’s advertising network. LIN Mobile provides mobile advertising, including software to optimize audience reach. Federated Media provides display and video advertising on a network of Website publishers, including lifestyle bloggers. Dedicated Media provides marketing, data focusing and analytics for digital marketing campaigns. HYFN is a service digital agency that develops and implements mobile, social and Web experiences. BiteSize TV is a video content creator.
- [By Monica Gerson]
Media General Inc (NYSE: MEG) is estimated to report its quarterly earnings at $0.04 per share on revenue of $340.17 million.
National Health Investors Inc (NYSE: NHI) is expected to post its quarterly earnings at $1.17 per share on revenue of $57.82 million.
Top 10 Consumer Stocks To Invest In Right Now: Gladstone Land Corporation(LAND)
Gladstone Land Corporation, an externally-managed agricultural real estate investment trust, owns and leases farmland for independent and corporate farming operations in the United States. It owns 46 farms covering an area of 23,000 acres in 7 states across the United States. The company also leases a parcel on its property to an oil company. Gladstone Land Corporation was founded in 1997 and is based in McLean, Virginia.
- [By Cameron Swinehart]
Gladstone Land Corp (LAND) –
A U.S. based farmland investment company that currently offers a plus 9% annual distribution. It owns and leases farmland in Florida, California, Michigan and Oregon with appraised land value of $79 million. The distribution is paid monthly which should attract income investors.
Top 5 Industrial Disributor Stocks To Buy Right Now: Constellation Brands Inc(STZ)
Constellation Brands, Inc., incorporated on December 4, 1972, is an international beverage alcohol company. The Company is a producer and marketer of beer and wine the United States and Canada. The Company’s segments include Beer, Wine and Spirits, and Corporate Operations and Other. The Company’s wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.
The Company owns principal facilities, including the Nava Brewery in Nava, Coahuila, Mexico; the glass production plant in Nava, Coahuila, Mexico; wineries in California, which include the Woodbridge Winery in Acampo and the Mission Bell winery in Madera; the Canandaigua winery in Canandaigua, New York, and the distillery in Lethbridge, Alberta, Canada. It operates over four facilities in the San Diego, California area that produce its Ballast Point brand, including Miram ar, which serves as the primary production site for the brand. In the United States, the Company operates over 20 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates approximately eight wineries in Canada, over four wineries in New Zealand and approximately five wineries in Italy. The Company’s Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.
The Company sells a number of brands in the import and craft beer categories. Within the imported beer category, the Company has rights to import, market and sell its Mexican Beer Brands in over 50 states of the United States, which include Corona Extra, Corona Light, Modelo Especial, Pacifico, Negra Modelo and Victoria. It also includes Modelo Especial Chelada, which is a blend of beer with flavors of tomato, salt and lime. Its craft beer products are primarily sold under the Bal last Point brand. Ballast Point produces over 40 different s! tyles of beer.
Wine and Spirits
The Company is a producer and marketer of wine. It sells a number of wine brands across various categories, including table wine, sparkling wine and dessert wine, and across all price points, such as popular, premium and luxury categories. The Company owns, leases or has interests in approximately 13,300 acres of vineyards in California (the United States), over 5,800 acres of vineyards in New Zealand, approximately 1,700 acres of vineyards in Canada and over 900 acres of vineyards in Italy.
The Company’s wine produced in the United States is primarily marketed domestically and in Canada. Wine produced in Canada is primarily marketed domestically. Wine produced in New Zealand and Italy is primarily marketed in the United States and Canada. In addition, the Company exports its wine products to other major world markets. Some of its wine and spirits brands sold in the United States include Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, Wild Horse, Black Velvet Canadian Whisky and SVEDKA Vodka. In its spirits business, SVEDKA Vodka is imported from Sweden and is the imported vodka brand in the United States.
The Company competes with Anheuser-Busch InBev, MillerCoors, Heineken, Pabst Brewing Company, The Boston Beer Company, E&J Gallo Winery, The Wine Group, Trinchero Family Estates, Treasury Wine Estates, Ste. Michelle Wine Estates, Deutsch Family Wine & Spirits, Jackson Family Wines, Andrew Peller, Kruger Wines and Spirits, Diageo, Beam Suntory, Brown-Forman, Sazerac Company and Pernod Ricard.
- [By Teresa Rivas]
A better than expected first quarter is fueling gains forConstellation Brands (STZ) on Thursday.
The spirits maker said it earned $1.54 a share on revenue that climbed 14.8% to $.187 billion. Analysts were expecting earnings of $1.52 a share on revenue of $1.83 billion. Constellation also reaffirmed its full year guidance for earnings per share between $6.05 and $6.35, compared to the $6.27 consensus estimate.
Wells Fargos Bonnie Herzog reiterated an Outperform rating on the stock following the report:
Strong pricing growth and mix benefits drove 54bps gross margin and 72bps in operating margin expansion in beer resulting in a record 35.6% beer op margin.Wineshipment volumes were up a solid 4.5% with net pricing of 3.7%, both above our expectations. Mix benefits helped drive a solid 164bps of wine & spirits operating margin expansion.Overall we are encouraged by STZ’s results in both segments, as they reflect the benefits of its strategic investments and strong execution.As planned, STZ completed the next phase of its Nava brewery expansion to provide 20M hl of capacity. Outlook Maintained:Despite the earnings beat, and impressive EPS growth,STZ maintained its guidance for FY17, which we continue to believe remains very conservative, given it implies only 8.1% – 15.3% EPS growth on average for the remaining 3 quarters of the year.Bottom Line: We continue to think STZ has excellent momentum and are encouraged by this quarter’s impressiv e results. While we were somewhat disappointed that management did not raise guidance, we believe underlying trends should support strong results above the current outlook.The stock’s reaction to STZ’s earnings beat could be tempered by guidance being maintained.
The shares are up 2.4% to $163.14 in recent trading.
Top 10 Consumer Stocks To Invest In Right Now: Francesca's Holdings Corporation(FRAN)
Francesca’s Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The companys apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings. Its accessories consist of handbags, clutches, wallets, shoes, belts, hats, scarves, sunglasses, watches, and hair accessories; and gifts include fragrances, candles, bath and body, home accessories, books, wall art, nail polish, and miscellaneous items. As of March 23, 2016, the company operated 626 boutiques in 48 states and the District of Columbia. The company also sells its products through its Website at francescas.com. Francesca’s Holdings Corporation was founded in 1999 and is headquartered in Hou ston, Texas.
- [By Ben Levisohn]
Francesca’s Holdings (FRAN) has jumped 5.4% to $11.00 after beating earnings forecasts.
Restoration Hardware (RH) has tumbled 20% to $28.92 after slashing its full-year guidance. Restoration Hardware was also cut to Market Perform from Outperform at Telsey Advisory Group.
Top 10 Consumer Stocks To Invest In Right Now: lululemon athletica inc.(LULU)
Lululemon Athletica Inc., together with its subsidiaries engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth primarily in Canada, the United States, and Australia. Its apparel assortments include fitness pants, shorts, tops, and jackets for healthy lifestyle activities, such as yoga, running, and general fitness. The company?s fitness-related accessories comprise bags, socks, underwear, yoga mats, instructional yoga DVDs, and water bottles. It sells its products through its retail stores; independent franchises; and a network of wholesale accounts, such as yoga studios, health clubs, and fitness centers, as well as directly to consumers through e-commerce. As of May 1, 2011, the company had 142 corporate-owned and franchise stores under the lululemon athletica and ivivva athletica brand names. Lululemon Athletica Inc. was founded in 1998 and is based in Vancouver, Canada.
- [By Monica Gerson]
Lululemon Athletica inc. (NASDAQ: LULU) is estimated to report its quarterly earnings at $0.80 per share on revenue of $693.38 million.
Micron Technology, Inc. (NASDAQ: MU) is projected to post a quarterly loss at $0.08 per share on revenue of $3.05 billion.
Top 10 Consumer Stocks To Invest In Right Now: Lifetime Brands Inc.(LCUT)
Lifetime Brands Inc. designs, sources, and sells branded kitchenware, tabletop, and other products primarily in the United States. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, bakeware, and cookware; and tabletop products, such as dinnerware, flatware, and glassware. The company also provides home solutions that comprise products, such as food storage, pantry ware, spices, and home dcor products. In addition, it manufactures sterling silver products. The company owns or licenses various brands, including Farberware, Mikasa, KitchenAid, Pfaltzgraff, Cuisinart, Elements, Melannco, Wallace Silversmiths, Kamenstein, Pedrini, Towle, V&A, and Royal Botanic Gardens Kew. Lifetime Brands Inc. serves mass merchants, specialty stores, national chains, department stores, warehouse clubs, supermarkets, off-price retailers, and Internet retailers, as well as direct consumers through its Pfaltzgraff, Mikasa, Housewares Deals, and Lifetim e Sterling Internet Websites. The company was founded in 1945 and is headquartered in Garden City, New York.
- [By Lisa Levin]
On Monday, cyclical consumer goods & services shares gained by 0.41 percent. Top gainers in the sector included Kandi Technologies Group Inc (NASDAQ: KNDI), Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT), and Lifetime Brands Inc (NASDAQ: LCUT).
Top 10 Consumer Stocks To Invest In Right Now: J & J Snack Foods Corp.(JJSF)
J & J Snack Foods Corp. (J & J), incorporated in 1971, manufactures nutritional snack foods and distributes frozen beverages. The Company operates in three business segments: Food Service, Retail Supermarkets and Frozen Beverages. It is a manufacturer of soft pretzels in the United States, Mexico and Canada. The Company sells other products, including soft drinks, funnel cakes under the FUNNEL CAKE FACTORY brand name and smaller amounts of various other food products. The Company markets its products across the nation to the food service and retail supermarket industries.
The Company sells its soft pretzels under the brand names, such as PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR. TWISTER, SOFT PRETZEL BITES, SOFTSTIX, SOFT PRETZEL BUNS, TEXAS TWIST,BAVARIAN BAKERY,SUPERPRETZEL BAVARIAN, NEW YORK PRETZEL, KIM & SCOTT’S GOURMET PRETZELS and SERIOUSLY TWISTED!. The Company’s frozen juice treats and desserts are marketed primarily under the LUIGI’S, WHOLE F RUIT, PHILLY SWIRL, ICEE and MINUTE MAID brand names. The Company’s churros are sold primarily under the TIO PEPE’S, CALIFORNIA CHURROS and OREO brand names. The Company’s dough enrobed handheld products are marketed under the PATIO, SUPREME STUFFERS and SWEET STUFFERS brand names, and under private labels. The Company’s bakery products are marketed under the MRS. GOODCOOKIE, READI-BAKE, COUNTRY HOME, MARY B’S and DADDY RAY’S brand names, and under private labels. Its bakery products include primarily biscuits, fig and fruit bars, cookies, breads, rolls, crumb, muffins and donuts.
The Company’s food service segment is engaged in selling primary products, such as soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products and baked goods. Its customers in the food service segment include snack bars and food stands in chain, department and discount stores; malls and shopping centers; casual dining restaurants ; fast food outlets; stadiums and sports arenas; leisure and! theme parks; convenience stores; movie theatres; warehouse club stores, and schools, colleges and other institutions. Within the food service industry, its products are purchased by the consumer primarily for consumption at the point-of-sale.
The primary products sold to the retail supermarket channel are soft pretzel products, including SUPERPRETZEL, frozen juice treats and desserts, including LUIGI’S Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars and sorbet, PHILLY SWIRL cups and sticks, ICEE Squeeze-Up Tubes, and dough enrobed handheld products, including PATIO burritos. Within the retail supermarket channel, its frozen and prepackaged products are purchased by the consumer for consumption at home.
The Company sells frozen beverages to the food service industry primarily under the names ICEE, SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada. It also provides repair and maintenance service to customers for customers’ owned equipment.
- [By Monica Gerson]
J & J Snack Foods Corp (NASDAQ: JJSF) is estimated to post its quarterly earnings at $0.78 per share on revenue of $231.58 million.
Nabors Industries Ltd. (NYSE: NBR) is expected to post a quarterly loss at $0.33 per share on revenue of $630.85 million.
Top 10 Consumer Stocks To Invest In Right Now: Freshpet, Inc.(FRPT)
Freshpet, Inc., incorporated on November 12, 2004, is a manufacturer of fresh, refrigerated pet food distributed across North America. The Company operates in the segment of manufacturing, marketing and distribution of pet food and pet treats for dogs and cats. The Company offers products consisting of dog food, cat food, and dog and cat treats. Its recipes include real, fresh meat and varying combinations of vegetables, leafy greens and anti-oxidant rich fruits, without the use of preservatives, additives or artificial ingredients. All of its products are sold under the Freshpet brand name, with ingredients, packaging and labeling customized by class of retail. It also offers fresh treats across all classes of retail under the Dognation and Dog Joy labels. The Company’s products are available in various forms, including slice and serve rolls, bagged meals and tubs.
All of the Company’s products are manufactured in the United States. The Company owns and opera tes refrigerated pet food manufacturing facility in North America, the Freshpet Kitchens at Bethlehem, Pennsylvania. The Company’s products are distributed throughout the United States and Canada into retail classes, including Grocery and Mass (which includes club), as well as Pet specialty and Natural retail. It sells its products through a network of company-owned branded refrigerators, the Freshpet Fridges. The Company designs, produces, installs and maintains the Freshpet Fridge through a combination of in-house resources and partners.
The Company competes with Mars, Nestle, The J.M. Smucker Company, Colgate-Palmolive and Blue Buffalo.
- [By Lisa Levin]
Freshpet Inc (NASDAQ: FRPT) shares shot up 25 percent to $10.36. Freshpet reported a Q2 loss of $0.10 per share on revenue of $33 million.
Shares of Lantheus Holdings Inc (NASDAQ: LNTH) got a boost, shooting up 50 percent to $5.84 as the company reported strong Q2 results.
Top 10 Consumer Stocks To Invest In Right Now: Blue Buffalo Pet Products, Inc.(BUFF)
Blue Buffalo Pet Products, Inc., through its subsidiary, Blue Buffalo Company, Ltd., operates as a pet food company in the United States, Canada, Japan, and Mexico. The company develops, produces, markets, and sells dog and cat food under the BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom, and BLUE Natural Veterinary Diet lines. It also produces and sells cat litter under the BLUE Naturally Fresh line. The company sells its products to retail partners and distributors in specialty channels, including national pet superstore chains, regional pet store chains, neighborhood pet stores, farm and feed stores, ecommerce retailers, military outlets, hardware stores, and veterinary clinics and hospitals. Blue Buffalo Pet Products, Inc. was founded in 2002 and is headquartered in Wilton, Connecticut.
- [By Monica Gerson] Related BUFF Mid-Afternoon Market Update: Crude Oil Rises 3.5%; Zagg Shares Fall Following Weak Q4 Results Mid-Day Market Update: Blue Buffalo Pet Products Rises Following Strong Q4 Results; Ocean Rig UDW Shares Slide Blue Buffalo Pet Products' (BUFF) CEO Kurt Schmidt on Q1 2016 Results – Earnings Call Transcript (Seeking Alpha) Related ARMK Earnings Scheduled For May 11, 2016 Earnings Scheduled For February 10, 2016
Some of the stocks that may grab investor focus today are:
Top 10 Consumer Stocks To Invest In Right Now: United Natural Foods, Inc.(UNFI)
United Natural Foods, Inc., together with its subsidiaries, distributes and retails natural, organic, and specialty foods and non-food products in the United States and Canada. The company offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products. It is also involved in importing, roasting, packaging, and distribution of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items, and confections. In addition, the company offers Blue Marble Brands products on wholesale basis through third-party distributors in organic, natural, and specialty food brands, as well as directly to retailers. Further, it provides Field Day brand products primarily to customers in its independent natural products retailer channel. The company serves independently owned natural products retailers, supernatur al chains, conventional supermarkets, and mass market chains, as well as foodservice and international customers outside Canada. It operates 13 natural products retail stores primarily in Florida. The company was founded in 1976 and is headquartered in Providence, Rhode Island.
- [By Ben Levisohn]
United Natural Foods (UNFI) has dropped 2.4% to$36.15 after getting cut to Underweight from Equal Weight at Morgan Stanley.
Hatteras Financial (HTS) has jumped 9.4% to $15.60 after agreeing to be purchased byAnnaly Capital Management (NLY) for $1.5 billion.Annaly Capital Management has dropped 1.1% to $$10.30.
- [By Paul Ausick]
Big Earnings Movers: Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) is up 17.3% at $117.49, after posting a new 52-week high of $118.27 today. United Natural Foods Inc. (NASDAQ: UNFI) is up 12.9% at $67.72 after posting a new 52-week high of $69.35 earlier.