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Sector Update: Consumer
Aug 29, 2024 2:56 AM

08:49 AM EDT, 08/23/2024 (MT Newswires) -- Consumer stocks were flat to higher pre-bell Friday with the Consumer Discretionary Select Sector SPDR Fund (XLY) recently inactive and the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2%.

CAVA Group ( CAVA ) shares rose past 7% after it reported stronger-than-expected fiscal Q2 earnings and sales while raising its guidance for full-year same-restaurant sales growth.

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