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Consumer Cos Up After Mixed Retail Sales Data -- Consumer Roundup

05/14/2021 | 05:19pm EDT

Shares of retailers and other consumer companies rose after mixed retail-sales data.

Retail sales were unchanged last month from March, the Commerce Department reported. Spending in March was bolstered by government-stimulus checks reaching many households, and economists said the fact that April sales kept pace was a good sign for consumer spending rates.

Coca-Cola said it would discontinue its Coca-Cola Energy product, one of its attempts to break into the fast-growing beverage category that is dominated by Red Bull and Monster Beverage.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

05-14-21 1718ET

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