4 Consumer Stock Stories Served Up Today
Sears Holdings Corporation (NASDAQ:SHLD): Closing price $40.16
Late Monday, Sears announced that Edward Lampert will assume the role of Sears chief executive in addition to his present role as chairman, replacing Chief Executive Louis D’Ambrosio who will step down in February for family health reasons. Lampert’s hedge fund, ESL Investments, held a 34.14 percent interest in Sears Holdings as of November 30th, according to Thomson Reuters data.
McDonald’s Corporation (NYSE:MCD): Closing price $90.92
McDonald’s division in Japan reported on Tuesday that in December its same-store sales dropped by 8.6 percent on the year, extending a series of current-year decline to nine consecutive months. The fast-food giant pointed to weakness in Japan’s restaurant industry, along with the decision to hold back from many discount promotions. However, the number of customer visits on a same-store basis fell by 0.8 percent for the second straight month, which was less than the 2.6 percent decline in November.
Sirius XM Radio (NASDAQ:SIRI): Closing price $3.14
On Tuesday, Sirius reported that starting in 2013, Toyota will significantly step up the availability of SiriusXM throughout its entire vehicle line-up, making it standard on the majority of Toyota’s multimedia systems. For some models, this will be the first time that SiriusXM will be standard across all trim levels.
Southwest Airlines Co. (NYSE:LUV): Closing price $11.03
The carrier reported its December 2012 consolidated traffic results. Southwest flew 8.2 billion revenue passenger miles in December, which was comparable year-over-year to 2011. Available seat miles of 10.5 billion in December 2012 were also comparable to those in December 2011. The December 2012 load factor stood at 78.0 percent, compared year-over-year to 78.4 percent in 2011. For the month in 2012, passenger revenue per ASM is calculated to have been comparable to that for December 2011.