financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Edge Higher Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Edge Higher Premarket Tuesday
May 26, 2026 6:27 AM

09:11 AM EDT, 05/26/2026 (MT Newswires) -- Consumer stocks were edging higher premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) inactive and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.5%.

AutoZone ( AZO ) shares were down more than 5% even after the company posted higher fiscal Q3 net income and net sales.

Starbucks' ( SBUX ) Korean unit has suffered a "very significant" drop in sales following a controversial marketing campaign, Reuters and other media outlets reported. Starbucks ( SBUX ) shares were marginally advancing premarket.

Miniso ( MNSO ) stock was 0.2% lower after the company reported a decline in Q1 adjusted earnings.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
French cognac industry group calls for de-escalation of US, EU trade dispute
French cognac industry group calls for de-escalation of US, EU trade dispute
Apr 3, 2025
PARIS (Reuters) - The European Union and the United States need to de-escalate their trade dispute and wine and spirits should be left untouched by both sides, said Florent Morillon, the president of the National Interprofessional Office of Cognac (BNIC), a cognac industry group. We will very clearly lose market share, he said in an interview with Reuters. For our...
United Airlines to Add 20% More Flying out of San Francisco This Year
United Airlines to Add 20% More Flying out of San Francisco This Year
Apr 3, 2025
09:42 AM EDT, 04/03/2025 (MT Newswires) -- United Airlines Holdings ( UAL ) said Thursday that it will add 20% more flying out of San Francisco International Airport this year. The airline said it will offer about 300 daily flights this summer, the highest number since 2019. United Airlines said it is now larger in San Francisco than it was...
Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement 
Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement 
Apr 3, 2025
DETROIT (Reuters) - Stellantis NV ( STLA ), maker of Ram trucks and Jeeps, said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and in Canada. The U.S. plants affected are powertrain and stamping facilities. Stellantis' ( STLA...
Copyright 2023-2026 - www.financetom.com All Rights Reserved