Consumer Shares Rise — Consumer Roundup

Stocks in the consumer companies rose as investors sift through a raft of quarterly earnings reports.

French-fry maker Lamb Weston logged higher sales in its fiscal fourth quarter, as volume growth in North America helped offset continued cost inflation and geopolitical volatility, which weighed on international sales. Stripping out certain one-time items, earnings came in at 87 cents a share. Analysts polled by FactSet expected adjusted earnings of 63 cents a share. Net sales climbed 5.6% to $1.77 billion, ahead of Wall Street models for $1.7 billion.

Volkswagen cut its sales forecasts for the year following a collapse in China's car market and rapid gains by Chinese automakers in its European heartlands. The automaker said it expects deliveries to fall by between 3% and 7% this year, having previously guided that they would be at the prior-year level. Revenue is expected to decline by as much as 3% this year, compared with a forecast of flat to 3% growth three months ago.

Deckers Outdoor's sales growth slowed in the latest period, as gains for its two biggest brands moderated from recent periods. The footwear and apparel company, which owns the Hoka and Ugg brands, also warned that margins in the current quarter will come under pressure from tariffs and rising freight costs.

Boston Beer reported lower profit, as second quarter sales decreased. The beverage company reported net income of $51.6 million, or $4.96 a share, compared with $60.4 million, or $5.45 a share, a year earlier.

U.K. consumer goods company Reckitt Benckiser said it agreed to divest of its hygiene arm in Russia, which has been dragging on sales due to changes to European Union sanctions on the country. The maker of Durex condoms and Mucinex cold medicine said that it was selling the Russian hygiene unit to Arnest Management.

Write to Patrick Sheridan at patrick.sheridan@wsj.com

(END) Dow Jones Newswires

July 24, 2026 17:55 ET (21:55 GMT)