financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Edge Higher Premarket Thursday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Edge Higher Premarket Thursday
Mar 7, 2024 6:26 AM

09:14 AM EST, 03/07/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.1% and the Consumer Staples Select Sector SPDR Fund (XLP) gaining 0.2%.

American Eagle Outfitters ( AEO ) was over 12% higher after it reported increases in fiscal Q4 non-GAAP earnings and revenue.

Burlington Stores ( BURL ) was up more than 6% after it reported higher fiscal Q4 adjusted earnings and revenue.

Kroger ( KR ) was rising past 4% after it reported higher fiscal Q4 adjusted net earnings and sales.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Walmart Technical Issue Resulted in Mispricing at 1,600 Stores
Market Chatter: Walmart Technical Issue Resulted in Mispricing at 1,600 Stores
May 29, 2024
03:59 PM EDT, 05/29/2024 (MT Newswires) -- Walmart ( WMT ) experienced an internal system failure in March that halted price data transmission to self-checkout stands, Bloomberg reported Wednesday, citing company documents. The mispricing affected 1,600 stores on March 19 and the company's staff were still trying to fix the issue two days after the incident, according to the report....
Westbridge Renewable Energy Announcing C$0.10 per Share Return of Capital
Westbridge Renewable Energy Announcing C$0.10 per Share Return of Capital
May 29, 2024
04:02 PM EDT, 05/29/2024 (MT Newswires) -- Westbridge Renewable Energy Corp. ( WEGYF ) at the close of trade Wednesday announced that its Board of Directors authorized a cash distribution to its common shareholders of C$0.10 per share. Stefano Romanin, CEO of Westbridge, in a statement said: We believe that this is an appropriate step for Westbridge to take given...
Market Chatter: Boeing CEO, FAA Head to Meet on Quality Improvement Plan
Market Chatter: Boeing CEO, FAA Head to Meet on Quality Improvement Plan
May 29, 2024
03:55 PM EDT, 05/29/2024 (MT Newswires) -- Boeing ( BA ) Chief Executive Officer Dave Calhoun and senior company officials are scheduled to meet Mike Whitaker, the head of the Federal Aviation Administration, on Thursday in Washington to discuss the plane maker's quality improvement strategy, Reuters reported Wednesday, citing sources. The FAA gave Boeing ( BA ) 90 days to...
--Okta Guides For Q2 EPS of $0.60-$0.61 on Revenue of $631-$633 Million, vs CIQ Analyst Consensus of $0.54/Share on Revenue of $617 Million
--Okta Guides For Q2 EPS of $0.60-$0.61 on Revenue of $631-$633 Million, vs CIQ Analyst Consensus of $0.54/Share on Revenue of $617 Million
May 29, 2024
04:03 PM EDT, 05/29/2024 (MT Newswires) -- Price: 90.00, Change: -6.36, Percent Change: -6.60 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved