09:12 AM EDT, 08/22/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.4% higher recently.

Peloton Interactive ( PTON ) shares advanced by over 10% after the company reported a narrowed fiscal Q4 net loss and higher revenue.

Advance Auto Parts ( AAP ) shares tumbled by over 22% after it reported lower fiscal Q2 earnings and net sales. The company also slashed its guidance for full-year earnings per share and net sales.

Viking Holdings ( VIK ) shares fell by more than 2% after it reported a Q2 net income of $0.37 per diluted share, down from $0.46 a year earlier.