financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Mar 21, 2024 6:22 AM

08:53 AM EDT, 03/21/2024 (MT Newswires) -- Consumer stocks were steady premarket Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) recently inactive.

Five Below ( FIVE ) was declining by more than 12% after the company's fiscal Q4 earnings and revenue growth lagged forecasts.

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 >
Veralto Has 'Best-in-Class' Operating Model With Solid Margins, Free Cash Flow, UBS Says
Veralto Has 'Best-in-Class' Operating Model With Solid Margins, Free Cash Flow, UBS Says
Aug 13, 2024
11:57 AM EDT, 08/13/2024 (MT Newswires) -- Veralto ( VLTO ) is a high quality compounder over time with steady growth, profit margins and free cash flow, UBS Securities said Monday in a report initiating coverage of the company. Veralto ( VLTO ) follows a best-in-class operating model and is expected to grow sales by 4% annually through 2026, driven...
What's Going On With Oklo Stock Today?
What's Going On With Oklo Stock Today?
Aug 13, 2024
Oklo Inc ( OKLO ) shares are trading higher. The company on Tuesday announced that it signed a preferred supplier agreement with Siemens Energy. What Happened: Oklo ( OKLO ) announced the signing of a preferred supplier agreement with Siemens for the power conversion system of its Aurora powerhouse. Oklo ( OKLO ) noted that the agreement is a key strategic development...
UAW files charges against Trump, Musk for trying to intimidate workers
UAW files charges against Trump, Musk for trying to intimidate workers
Aug 13, 2024
* UAW President Shawn Fain condemns Trump and Musk's actions as illegal and predictable * NLRB can order employers to cease illegal conduct and inform workers of their rights * Musk's companies face multiple NLRB complaints, including illegal threats and discouraging unionizing By Nora Eckert, Daniel Wiessner DETROIT, Aug 13 (Reuters) - The United Auto Workers Union said on Tuesday...
What's Going On With Archer Aviation Stock?
What's Going On With Archer Aviation Stock?
Aug 13, 2024
Archer Aviation, Inc. ( ACHR ) and Future Flight Global (FFG) on Tuesday announced a memorandum of understanding (MOU) for the planned purchase of up to 116 Midnight Aircraft worth up to $580 million.  The Details: The agreement includes the planned purchase by FFG of up to 116 of Archer’s Midnight aircraft, worth up to $580 million, bringing Archer’s indicative...
Copyright 2023-2026 - www.financetom.com All Rights Reserved