Consumer Cos Down as Fuel-Price Worries Persist - Consumer Roundup
Dow Jones
Sep 10
Consumer companies slid as fuel-price concerns resurfaced. Shares of fuel-price sensitive airlines and cruise lines were particularly weak.
Jersey Mike's reported higher sales in the sandwich chain's first quarterly update since going public earlier in the summer.
Grocery-store chain Albertsons named former eBay and Hewlett Packard Chief Executive Meg Whitman to the newly created post of executive chair, as the grocery-store operator grapples with falling sales and cautious consumer spending.
Online pet supplies store Chewy's posted growth in profit and revenue.
Inditex, the owner of Spanish fashion brand Zara, posted sales growth, despite the fallout from the Middle East war.
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