Stocktwits Retail Therapy: Defensive Bets Hold Firm As Hasbro, Kohl’s, Boston Beer Lead Weekly Consumer Gains
Hasbro’s record Magic: The Gathering quarter powered the winners, while LKQ, Six Flags and Brinker lagged. Consumer Staples Select Sector SPDR Fund (XLP) rose by 0.73% last week, while the broader market slipped, with investors favoring defensive names. Hasbro Inc. (HAS), Kohls Corp. (KSS) and Boston Beer Co. (SAM) were among the standout performers, with Hasbro raising its 2026 outlook and doubling its buyback target after Magic: The Gathering topped $600 million in quarterly revenue for the first time. LKQ Corp. named a new CEO and withdrew guidance, while Six Flags Entertainment faced price-target cuts following a fatal ride incident. Meanwhile, the SPDR S&P 500 ETF Trust (SPY) fell 0.43% to its second consecutive weekly loss. Kohl's stock rose 13% as Gordon Haskett upgraded the stock to 'Buy' from 'Hold'.
Diterbitkan : 13 jam yang lalu oleh Shivani Kumaresan di dalam Business Finance Tech
Consumer Staples Select Sector SPDR Fund rose 0.73% as investors favored defensive names for a third straight week.
• Hasbro raised its 2026 outlook and doubled its buyback target after Magic: The Gat... [2743 symbols]
Topik: Markets
