09:01 AM EDT, 07/18/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) declined 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.1% recently.
Domino's Pizza (DPZ) fell more than 14% after saying it expects to miss its 2024 target of opening 925 international outlets by up to 275 stores as its Domino's Pizza Enterprises franchisee faces challenges in both store openings and closures. The company also temporarily suspended its target of over 1,100 global net stores.