09:09 AM EST, 11/27/2024 (MT Newswires) -- Consumer stocks were advancing premarket Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.3% higher (XLP) and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently up 0.3%

Urban Outfitters ( URBN ) shares advanced by nearly 13% after the company reported higher Q3 earnings and net sales.

Guess? (GES) shares fell nearly 8% after the company reported a decline in fiscal Q3 adjusted earnings and lowered its fiscal 2025 outlook for adjusted earnings per share and revenue.

Mondee Holdings ( MOND ) shares were down more than 10% after the company said it received a Nasdaq non-compliance notice due to a delay in filing its 10-Q quarterly report for the three months ended Sept. 30. The company also said it does not intend to submit a plan to Nasdaq to regain compliance.