Against the current: Markets slid, yet TAL Education Group, Natura &Co Holding S.A., Grocery Outlet Holding Corp. went up and made this list of yesterday's top consumer staples stocks gainers.
Leading equity indices in the US declined as after dropping 0.89%, S&P 500 closed at 3,957.25. Nasdaq lost 1.12% and ended the session at 11,200.
Amid the market gloom, United States CFTC Gold speculative net positions released yesterday at 19:30 UTC with a figure of 82,300, while the previous figure was 64599.99999999999.
Despite markets falling yesterday, some consumer staples stocks managed to go up. Have a look at these top gainers.
Flowers Foods | +2.19% at $27.49
Flowers Foods, Inc. closed at $27.49 yesterday after ranging between $27.08 and $28. Daily trading volume (1.88 million shares) was slightly above the current multiday average of 1.42 million.
The company released its quarterly earnings Friday, beating analysts estimates. The company reported earnings of 0.3 per share on revenue of $1.16 billion, topping estimates of 0.28 per share on revenue of $1.14 billion. Since the release of its earnings report, Flowers Foods lost 6.53%.
Grocery Outlet | +1.36% in pre-market trade with 7 hours until open
Bullish sentiment helped Grocery Outlet to hammer out a noteworthy $29.83 to $31.39 range yesterday, and finally closing at $30.96 to end the session.
Natura &Co | +3.72% at $5
Natura &Co went up to $5, gaining 3.72%. Yesterday's trading volume was 652,583 shares which is slightly below the 21-day average of 745,401.
TAL Education | +8.82% at $5.18
TAL Education reached a significant high of $6.57 around 2 months ago but has lost 27.55% since then. So far in 2022 it has been beating the Nasdaq by 81.36%. TAL Education has a market cap of $3.36 billion with an average daily trading volume of 6.79 million shares. TAL Education has a forecast of $242.62 million with an EPS of 1 cents.