Consumer Cos Up on Hopes That Oil Has Peaked — Consumer Roundup

Consumer companies rose amid hopes that oil prices had peaked.

American Airlines boosted bag fees, following similar moves from Delta Air Lines, JetBlue and United.

Consumer-staples companies will likely feel the knock-on effects of higher fuel prices and more work-from-home orders in Europe and Asia, warned analysts at brokerage RBC Capital Markets.

Sazerac recently approached Jack Daniel's maker Brown-Forman about a potential deal, the latest European distiller to circle the whiskey maker following talks with Pernod Ricard.

7-11 owner Seven & I Holdings projected a drop in annual net profit and said it would delay the planned listing of its North American convenience-store business.

Uniqlo owner Fast Retailing raised its annual earnings forecasts after stronger first-half profit of its fast-fashion clothes.

In a good sign for the housing market, mortgage rates slipped, tracking Treasury yields in the wake of the U.S.-Iran cease-fire.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 09, 2026 18:09 ET (22:09 GMT)

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