Consumer Cos Up After Target, Lowe's Earnings — Consumer Roundup

Consumer companies rose after generally strong earnings.

Target shares rose by more than 4% after the discounter again raised its fiscal-year growth projections, the latest evidence that a turnaround effort is bearing fruit.

Lowe's shares rose even after the home-improvement chain cut its growth projections for the year, warning that consumers were delaying major renovation projects.

Estee Lauder rallied after it posted a narrower fiscal fourth-quarter loss, in another example of a turnaround gaining momentum.

Still, Target, Lowe's and Estee Lauder are all trading significantly shy of all-time highs.

Shares of Walmart fell ahead of its earnings report.

The Federal Trade Commission warned retailers that using smart-phone data to track shopping habits could violate consumer-protection law.


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

(END) Dow Jones Newswires

August 19, 2026 18:29 ET (22:29 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center