09:09 AM EDT, 06/27/2024 (MT Newswires) -- Consumer stocks were advancing premarket Thursday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.4% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was 0.1% higher recently.

Simply Good Foods ( SMPL ) shares were up over 7% after the company reported higher fiscal Q3 adjusted earnings and revenue.

McCormick ( MKC ) stock rose nearly 4% after the company reported fiscal Q2 adjusted earnings of $0.69 per diluted share, up from $0.60 a year earlier.

RH (RH) shares were over 8% higher after announcing that Chairman and Chief Executive Gary Friedman has purchased an additional 46,274 shares of RH for $10 million.