Stocktwits Retail Therapy: Defensive Bets Hold Firm As Hasbro, Kohl’s, Boston Beer Lead Weekly Consumer Gains
U.S. consumer stocks edged higher last week even as the broader market slipped, with investors favoring defensive names. Hasbro Inc. (HAS), Kohls Corp. (KSS) and Boston Beer Co. (SAM) were the standouts. LKQ Corp. (LKQ), Six Flags Entertainment (FUN) and Hasbro Inc. (HAS), Kohls Corp. (KSS) and Boston Beer Co. (SAM) led the weekly consumer gains, with Hasbro's record Magic: The Gathering quarter topping $600 million in quarterly revenue for the first time. Meanwhile, LKQ, Six Flags and Brinker lagged behind. The Consumer Staples Select Sector SPDR Fund (XLP) rose 0.73%, while the Consumer Discretionary Select Sector SPR Fund gained 0.57%. Meanwhile, the SPDR S&P 500 ETF Trust (SPY) fell 0.43%, marking its second straight weekly loss. Hasbro raised its 2026 outlook and doubled its buyback target after its third-quarter report. The company also increased its adjusted EBITDA guidance to $1.58 billion–$1.63 billion.
Publié : il y a 14 heures par Shivani Kumaresan dans Business Finance Tech
Hasbro’s record Magic: The Gathering quarter powered the winners, while LKQ, Six Flags and Brinker lagged.
The Hasbro logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Full... [5396 symbols]
Les sujets: Markets
