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Sector Update: Consumer Stocks Edge Higher Premarket Friday
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Sector Update: Consumer Stocks Edge Higher Premarket Friday
Sep 6, 2024 1:30 PM

09:13 AM EDT, 09/06/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) advanced by 0.4% recently.

Bowlero ( BOWL ) shares rose past 10% after the company reported fiscal Q4 revenue of $283.9 million, up from $239.4 million a year earlier.

Helen of Troy (HELE) shares were up more than 3% after the company announced a new $500 million share buyback authorization.

BRP (DOOO) shares fell by over 7% after the company reported lower fiscal Q2 normalized earnings and revenue. The company also cut its guidance for fiscal 2025 normalized EPS and revenue.

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