08:50 AM EST, 12/06/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.9% higher recently.

Lululemon athletica (LULU) shares were almost 9% higher after the company reported a surge in fiscal Q3 earnings and revenue, and raised its guidance for fiscal 2024.