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Sector Update: Consumer
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Sector Update: Consumer
Sep 1, 2024 4:27 AM

08:50 AM EDT, 08/29/2024 (MT Newswires) -- Consumer stocks were mixed premarket Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) almost 1% higher recently.

Dollar General ( DG ) shares fell by over 25% after it reported fiscal Q2 earnings of $1.70 per diluted share, down from $2.13 a year earlier. The company also lowered its outlook on fiscal 2024 earnings per share and net sales growth.

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