08:53 AM EDT, 09/12/2024 (MT Newswires) -- Consumer stocks were advancing premarket Thursday as the Consumer Discretionary Select Sector SPDR Fund (XLY) was slightly higher and the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.1% recently.

Signet Jewelers ( SIG ) shares were up over 13% after the company said it expects fiscal Q3 same-store sales in the range of a 1% decline to a 1.5% increase, compared with the estimated 1.1% decrease from analysts surveyed by Capital IQ.