09:09 AM EDT, 09/12/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday, with The Consumer Discretionary Select Sector SPDR Fund ( XLY ) marginally higher and The Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2%.

Signet Jewelers ( SIG ) shares were up over 13% after the company said it expects fiscal Q3 same-store sales in the range of a 1% decline to a 1.5% increase, compared with the estimated 1.1% decrease from analysts surveyed by Capital IQ.

Torrid Holdings ( CURV ) stock was 18% lower after the company said it priced an underwritten public offering of eight million common shares by certain stockholders at $4 apiece.

Caleres ( CAL ) shares were down more than 17% after the company reported lower fiscal Q2 adjusted earnings and net sales in addition to cutting its fiscal 2024 outlook.