09:08 AM EDT, 06/12/2024 (MT Newswires) -- Consumer stocks were advancing premarket Wednesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.6% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 1.1% higher.

Casey's General Stores (CASY) shares were over 6% higher after the company reported a stronger-than-expected increase in fiscal Q4 earnings and sales.

Mama's Creations (MAMA) stock was more than 4% lower after the company reported fiscal Q1 diluted earnings of $0.01 per share, down from $0.04 a year earlier.

FIGS (FIGS) said it has appointed Sarah Oughtred as its chief financial officer, effective Aug. 9. FIGS shares were nearly 2% higher pre-bell.