Top Consumer Stocks

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KO +0.73%

Consumer stocks were broadly mixed, with shares of consumer staples companies in the S&P 500 jumping more than 0.7% this afternoon while shares of consumer discretionary firms in the S&P 500 were posting a 0.2% decline.

In company news, RCI Hospitality Holdings ( RICK ) established a new record high on Tuesday, rising nearly 11% to an all-time high of $26.87 a share, after the gentlemen’s club and restaurant operator said total sales grew 19.2% over year-ago levels to $38.1 million, exceeding the Capital IQ consensus by around $900,000.

Same-store sales rose 6.5% during the the three months ended Sept. 30 over the same quarter last year to $32.4 million and climbed 4.9% during FY17 over the prior-year period, the company said. Total sales were up 4.9% during the 12 months ended Sept. 30.

“Both same-store and total sales benefited from strong marketing related to televised professional football, boxing, and mixed martial arts sporting events,” CEO Eric Langan said in prepared remarks.

The company will report its full Q4 and FY17 financial results on Dec. 14.

In other sector news,

(+) UAL, (+5.4%) Reports available seat miles rise 1.7% during September compared with year-ago levels while revenue passenger miles declined 1.6% last month. Consolidated load factor falls 2.7 points from September 2016.

(-) IZEA, (-18.2%) Reports 2% rise in Q3 total bookings over last year to $7.9 mln while managed booking increase 12% to $6.7 mln. Reiterates FY17 outlook expecting between $29 mln to $30 mln, straddling the $29.29 mln Street consensus.


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