financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Jan 13, 2025 5:58 AM

08:42 AM EST, 01/13/2025 (MT Newswires) -- Consumer stocks were flat to lower pre-bell Monday as the Consumer Staples Select Sector SPDR Fund (XLP) was inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 0.8%.

Lululemon athletica (LULU) shares were up more than 2% after the company said it now expects fiscal Q4 diluted earnings per share of $5.81 to $5.85, compared with the previous guidance range of $5.56 to $5.64.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Opendoor Technologies Taps Alphabet Executive Selim Freiha as CFO
Opendoor Technologies Taps Alphabet Executive Selim Freiha as CFO
Oct 2, 2024
04:44 PM EDT, 10/01/2024 (MT Newswires) -- Opendoor Technologies ( OPEN ) said late Tuesday Selim Freiha has been appointed as chief financial officer and Shrisha Radhakrishna as chief technology and product officer, starting from November. Before Opendoor ( OPEN ), Freiha was vice president Alphabet (GOOG), leading the internet conglomerate's financial planning and analysis and Radhakrishna was technology chief...
Beacon Roofing Supply Open Four New Locations
Beacon Roofing Supply Open Four New Locations
Oct 2, 2024
04:44 PM EDT, 10/01/2024 (MT Newswires) -- Beacon Roofing Supply ( BECN ) said Tuesday it has opened new locations in Pelham, Alabama, Queen Creek, Arizona, Port St. Lucie, Florida and Bellingham, Washington. The company said adding new locations is part of its Ambition 2025 plan. ...
Nike posts bigger-than-expected quarterly sales drop
Nike posts bigger-than-expected quarterly sales drop
Oct 2, 2024
Oct 1 (Reuters) - Nike ( NKE ) posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak demand in key market China and faces stiff competition from newer brands globally. The company's first-quarter net revenue fell to $11.59 billion from $12.94 billion a year earlier. Analysts had expected a 10% fall to $11.65 billion,...
Nike Q1 Earnings: Revenue Miss, EPS Beat, Teams 'Energized' Amid CEO Transition — 'A Comeback At This Scale Takes Time, But We See Early Wins'
Nike Q1 Earnings: Revenue Miss, EPS Beat, Teams 'Energized' Amid CEO Transition — 'A Comeback At This Scale Takes Time, But We See Early Wins'
Oct 2, 2024
Nike Inc ( NKE ) reported first-quarter financial results after the market close on Tuesday. Here’s a rundown of the report. Q1 Earnings: Nike reported first-quarter revenue of $11.59 billion, missing analyst estimates of $11.65 billion. The athletic footwear and apparel company reported first-quarter earnings of 70 cents per share, beating analyst estimates of 52 cents per share. Nike has now come...
Copyright 2023-2026 - www.financetom.com All Rights Reserved