09:10 AM EDT, 08/13/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% higher recently.

On Holding ( ONON ) shares were up over 3% after the company reported higher Q2 adjusted profit and net sales.

Home Depot ( HD ) shares were 0.6% lower after saying it now expects fiscal 2024 adjusted diluted earnings per share to decline between 1% and 3%, compared with its previous EPS growth forecast of about 1%.

Sea (SE) shares were nearly 4% higher after the company reported a Q2 revenue of $3.81 billion, compared with $3.10 billion a year earlier.