The consumer discretionary group is slightly outperforming the broader market in early trade. The retail group is also in the green with the Retail HOLDRS Trust (RTH) up 0.9% and the SPDR S&P Retail ETF (XRT) up 1.3%.
Trading higher following earnings/guidance/SSS: BONT +24.7%, MOV +15.3%, LZB +14.1%, CWTR +9.4%, CHRS +8.7%, WTSLA +4.3%, SSI +3.9%, ARO +3.1%, JWN +3.0%, CATO +2.97%, JCP +3.0%, COST +2.7%, FRED +2.7%, RUE +2.6%, GES +2.9%, ROST +2.9%, BKE +2.0%, M +1.9%, SKS +1.7%, LTD +1.5%, DDS +1.1%, GPS +0.9%, RAD +0.8%, GMAN +0.6%.
Trading lower following earnings/guidance/SSS: GIL -27.8%, LULU -11.8%, BKS -8.3%, KSS -5.1%, TLB -4.0%, EXPR -3.4%, ISLE -3.2%, KKD -3.1%... Near unchanged mark following earnings/guidance: KR, TGT, PIR... Other notable mentions: Starbucks Coffee U.K. (SBUX flat) announced its intent to create thousands of new jobs as it significantly steps up its drive-thru program following three years of development and strong customer response to the convenience of Starbucks coffee on-the-go. American Axle & Manufacturing Holdings (AXL flat) announced the expansion of its existing joint venture with Hefei Automobile Axle, a subsidiary of the JAC Group Automotive Group to include 100% of HAAC's light commercial axle business...
Leaders: Vail Resorts (MTN +1.5%) announced that it will no longer seek to add new RockResorts managed properties which are located outside of the Company's six mountain resorts.
Analyst related: Upgrades: Green Mtn Coffee (GMCR +6.5%) upgraded to Outperform from Market Perform at William Blair. Procter & Gamble (PG flat) upgraded to Outperform from Sector Perform at RBC Capital... Downgrades: Dreamworks Animation (DWA -3.5%) downgraded to Average from Above Average at Caris. Tupperware (TUP -2.3%) downgraded to Neutral from Buy at Suntrust. Spectrum Brands (SPB -3.0%) downgraded to Neutral from Buy at Suntrust. Fiat SpA (FIATY +3.5%) downgraded to Underweight from Overweight at Morgan Stanley... Misc: Marriot Vacations (VAC -0.7%) initiated with a Hold at Deutsche Bank. Dole Food (DOLE +0.7%), Chiquita Brands (CQB +1.9%) initiated with Buys at Auriga.






