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Consumer Sector Update for 04/04/2018: LEN,KMX,WHR

Shutterstock photo Top Consumer Stocks WMT -0.16% MCD -0.19% DIS +0.83% CVS +2.90% KO +1.24% Consumer stocks were broadly higher Wednesday, with shares of consumer staples companies in the S&P 500 racing to a nearly 1.1% advance in afternoon trading while shares of consumer discretionary firms in the S&P 500 were climbing almost 0.7%. Among consumer stocks moving on news: + Lennar ( LEN ) was staying near its intra-day peak on Wednesday, climbing over 9%, after the homebuilder reported non-GAAP fiscal Q1 net income more than doubling last year's adjusted profit. Excluding one-time items, the company earned $1.11 per share during the three months ended Feb. 28 compared with $0.55 per share during the year-ago period and beat the Capital IQ consensus expecting $0.82 per share. Adjustments to earnings included $0.31 per share in costs related to the acquisition of CalAtlantic Group and a $0.27 per diluted share one-time, non-cash write-down of deferred tax assets following th..

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