Consumer Cos Up After Generally Strong Earnings - Consumer Roundup
Consumer companies rose after a generally strong round of earnings.
Toymaker Hasbro shares rose after it boosted its growth projections for the year following strong third-quarter earnings growth and rising demand for Magic: The Gathering cards.
German sneaker maker Adidas ratcheted up its profit projection for the year after receiving a windfall of around $220 million from U.S. tariff refunds and delivering a record quarterly performance.
Shares of Ray-Ban maker EssilorLuxottica rose sharply after its sales growth topped investors' expectations, bolstered by demand for smart glasses it makes in partnership with Meta Platforms.
French grocery store chain Carrefour cut profitability projections for the year, anticipating riots in France will weigh on consumer spending ahead of the holiday season.
U.S. grocery-store chain Kroger laid out a multiyear strategic overhaul and long-term targets as the grocer looks to improve its offering and boost earnings.
United Airlines shares fell after the carrier's earnings were hit by rising fuel costs.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 20, 2026 17:40 ET (21:40 GMT)
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