Top Stocks Today - EL, HAR, BARE are Top Consumer Goods Stocks

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The Estee Lauder Companies Inc. (NYSE:EL) is amongst the top volume gainers in the early morning trade and soared 8.77% to $4.75 on a massive volume of 1.15 million shares after The New York-based company reported fiscal first quarter net income of $140.7 million, or 71 cents per share, compared with $51.1 million, or 26 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 85 cents per share. Overall sales declined by 4%, to $1.83 billion. On average, Wall Street analysts expected a much lower profit of only 34 cents per share, on slightly smaller revenue of $1.82 billion. Looking ahead, the company boosted its full-year earnings outlook to $1.95 to $2.10 per share, up from prior guidance for $1.55 to $1.70. Analysts currently expect $1.79 per share for the year. The stock today also created a year high of $45.35.

Harman International Industries Inc. (NYSE:HAR) is amongst the top gainers in the early few minutes. The stock has spurted 20.30% and is trading at $39.70 with a massive volume of 1.34 million shares after it announced results for the First Quarter FY 2010 ending September 30, 2009. Net sales for the quarter were $757 million, a decrease of 13 percent compared to the same period last fiscal year. Excluding foreign currency translation, net sales declined by 10 percent. Sequentially, sales increased 13 percent compared to the previous quarter. Excluding non-recurring items, the first quarter generated a non-GAAP operating profit of $5 million, compared to a non-GAAP operating loss of ($34) million for the previous quarter. The stock today also created a 52-week high of $39.93.

Bare Escentuals, Inc. (NASDAQ:BARE) climbed 14.09% over its previous day’s price and now trades at $14.25 on a huge volume of 688k shares. Yesterday it announced financial results for the third fiscal quarter and nine months ended September 27, 2009. Net sales for the third quarter of fiscal 2009 were $135.7 million, an increase of 4% from $130.2 million in the same period last year. Net income for the third quarter of fiscal 2009 was $22.6 million, or $0.24 per diluted share, compared to $22.9 million, or $0.25 per diluted share, in the same period last year.  Net sales for the nine months ended September 27, 2009, were $392.4 million, a decrease of 4% from $409.1 million in the same period last year. Net income for the first nine months of fiscal 2009 was $59.1 million, or $0.63 per diluted share, compared to net income of $73.4 million, or $0.79 per diluted share, in the same period last year.   The stock today also created a 52-week high of $14.39.

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