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 Brinker International (EAT) were among the l… U.S. consumer stocks rose last week, with investors favoring defensive names such as Hasbro, Kohl’s, and Boston Beer. LKQ Corp. (LKQ), Six Flags Entertainment (FUN) and Brinker International (EAT) were among the laggards. LASQ named a new CEO and withdrew guidance, while Six Flags faced a wave of price-target cuts following a fatal ride incident. Hasbro raised its 2026 outlook and doubled its buyback target after Magic: The Gathering topped $600 million in quarterly revenue for the first time. The Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPR Fund gained 0.57%. Meanwhile, the SPDR S&P 500 ETF Trust (SPY) fell 0.43% to its second consecutive weekly loss.
Publié : il y a 18 heures par dans Business Finance Tech
LKQ named a new CEO and withdrew guidance, while Six Flags faced a wave of price-target cuts after a fatal ride incident.
Hasbro raised its 2026 outlook and doubled its buyback target after Magic: Th... [5030 symbols]
