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Stock impact report

Q3 Earnings Roundup: Peloton (NASDAQ:PTON) And The Rest Of The Consumer Discretionary Segment [Yahoo! Finance]

American Outdoor Brands, Inc. (AOUT) 
Company Research Source: Yahoo! Finance
Let's take a look at how Peloton (NASDAQ:PTON) and the rest of the consumer discretionary stocks fared in Q3. This sector includes everything from cable TV services to hotel stays to gym memberships. While diverse, the way people buy and experience these products is being upended by the internet and digitization. Consumer discretionary companies are working to adapt to secular trends such as streaming video, online marketplaces for lodging accommodations, and connected fitness. That discretionary purchases are, by definition, something consumers can give up makes it even more imperative for companies in the space to adapt. The consumer discretionary stocks we track reported a satisfactory Q3. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. Luckily, consumer discretionary stocks have performed well with share prices up 25.2% on average since the latest earnings results. Started as a Kickstarter campaign, Peloton ( Show less Read more
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