Consumer Cos Up After Dollar Tree, Best Buy Earnings - Consumer Roundup

Dow Jones
05/29

Consumer companies rose after surprisingly strong earnings from some stores and a drop in oil prices.

Dollar Tree rallied after the deep discounter posted a 7% increase in quarterly revenue to $4.98 billion.

The chain has historically gained relevance and outperformed competitors when operating amid a tough macroeconomic environment, Dollar Tree Chief Executive Mike Creedon said. Other deep discounters such as Dollar General rose in sympathy.

Best Buy shares surged after the electronics chain reported a higher profit and rising sales in the first quarter, boosted by strong gaming, computer and cellphone demand, as the company prepares to bring in a new chief executive.

Real-estate billionaire Tilman Fertitta struck a deal to buy iconic Las Vegas casino chain Caesars Entertainment for about $5.7 billion.

The Federal Reserve's preferred gauge of monthly price increases, personal-consumption expenditures price index climbed by 0.4% in April, as the Iran war drove up energy costs.

London-based consumer-products giant Unilever is planning to spend $270 million on an innovation center in New Haven, Conn., with plans to develop skin and hair products for the U.S. market and global customers.

 

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

(END) Dow Jones Newswires

May 28, 2026 16:47 ET (20:47 GMT)

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

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10