Certain consumer companies continue to outshine their counterparts.
Before the market open on November 3, CVS Caremark reported solid 3Q’11 results. During 3Q’11, retail same-store sales were 2.3 percent, and the company appears to be tracking nicely to its full year guidance of 1.5-2.5 percent. Notably, front-store comparable sales increased 2.0 percent, which is the strongest performance in...
Consumer Sectors: Healthy Outlook
Opportunities for Investing in Consumer Sectors
Research Consumer-Sectors Companies: CVS Caremark Corp., Kellogg Co. Andrew Lazar Barclays Capital 212-526-4668 email@example.com Food: We continue to look for around -10 percent deflation on an unhedged basis for the...