Consumer Stocks Flat As Michael Kors Feels Pressure - Consumer Roundup
May 31 2017 - 5:00PM
Dow Jones News
Shares of retailers and other consumer-services companies were
flat after another big brand posted weak earnings. Shares of
handbag and clothes designer Michael Kors fell sharply after it
posted a quarterly loss and said it would shut 100 to 125 stores.
The latest Nike sneaker to bear the name of National Basketball
Association player Kevin Durant, who will play in this year's NBA
Finals, looks to be a hit with consumers, said analysts at
brokerage Nomura Securities, in a research note.
-Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
May 31, 2017 16:45 ET (20:45 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Ford Motor (NYSE:F)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ford Motor (NYSE:F)
Historical Stock Chart
From Apr 2023 to Apr 2024