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
May 9, 2024 6:20 AM

08:52 AM EDT, 05/09/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.1% while the Consumer Discretionary Select Sector SPDR Fund (XLY) was down 0.4% recently.

Yeti Holdings ( YETI ) shares were up almost 16% after the company reported higher fiscal Q1 adjusted earnings and revenue. The company also raised its full-year adjusted EPS outlook.

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 >
Walmart partners with JPMorgan to speed payments to online sellers
Walmart partners with JPMorgan to speed payments to online sellers
Mar 24, 2025
NEW YORK, March 24 (Reuters) - JPMorgan Chase ( JPM ) and Walmart ( WMT ) are partnering to speed up payments for merchants that sell items through the retail giant's website. The pairing will allow merchants on Walmart's ( WMT ) marketplace platform to accept and make payments, while managing cash flow using JPMorgan's ( JPM ) systems, said...
Generac Poised To Benefit From Blackouts, Declining Grid Reliability: BofA Analyst
Generac Poised To Benefit From Blackouts, Declining Grid Reliability: BofA Analyst
Mar 24, 2025
Generac Holdings Inc. ( GNRC ) shares are trading higher on Monday. Bank of America Securities analyst Dimple Gosai reinstated the company with a Buy rating and a price forecast of $182. The backup power manufacturer is well-positioned to capitalize on worsening weather disasters and declining grid reliability, Gosai says. With billion-dollar weather events now averaging 23 per year (nearly...
BRIEF-Vivopower International Receives Unsolicited Non-Binding Takeover Proposal From Energi Holdings
BRIEF-Vivopower International Receives Unsolicited Non-Binding Takeover Proposal From Energi Holdings
Mar 24, 2025
March 24 (Reuters) - VivoPower International PLC ( VVPR ) : * VIVOPOWER INTERNATIONAL ( VVPR ): CONFIRMED IT HAS RECEIVED UNSOLICITED NON-BINDING TAKEOVER PROPOSAL FROM ENERGI HOLDINGS LIMITED * VIVOPOWER INTERNATIONAL ( VVPR ): NON-BINDING ALL CASH TAKEOVER OFFER AT ENTERPRISE VALUE OF $120 MILLION Source text: Further company coverage: ...
Exclusive-Massachusetts regulators probe Robinhood over March Madness basketball betting
Exclusive-Massachusetts regulators probe Robinhood over March Madness basketball betting
Mar 24, 2025
BOSTON (Reuters) - Massachusetts' top securities regulator has launched an investigation into trading platform Robinhood's decision to launch a prediction-markets hub that allows users to bet on the outcomes of a range of events, including March Madness college basketball tournaments. Massachusetts Secretary of State Bill Galvin, in an interview with Reuters on Monday, said he was concerned that Robinhood was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved