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Consumer Cos Down Amid Mixed Economic Signals -- Consumer Roundup
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Consumer companies faced declines amid mixed economic signals. Kroger reported a fiscal Q3 loss due to rising expenses, while Dollar General shares rose after improving its yearly outlook. Jim Paulsen warned of potential GDP weakening as low-income retailers lead consumer spending. Weekly jobless claims fell by 27,000. Hovnanian Enterprises reported a fiscal Q4 loss, while America's Car-Mart exceeded sales expectations. PVH shares dropped after disappointing earnings.
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