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Sector Update: Consumer
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Sector Update: Consumer
May 10, 2024 6:17 AM

08:50 AM EDT, 05/10/2024 (MT Newswires) -- Consumer stocks were flat to higher premarket Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.7%.

Victoria's Secret (VSCO) shares were up over 12% after the company reported preliminary fiscal Q1 adjusted earnings of $0.07 to $0.12 per diluted share, compared with a guidance for a loss of $0.15 to earnings of $0.10.

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