Sector Update: Consumer Stocks Flat to Higher Pre-Bell Tuesday-March 2024-www.financetom.com

Sector Update: Consumer Stocks Flat to Higher Pre-Bell Tuesday

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Sector Update: Consumer Stocks Flat to Higher Pre-Bell Tuesday

Aug 6, 2024 6:36 AM

09:10 AM EDT, 08/06/2024 (MT Newswires) -- Consumer stocks were flat to higher pre-bell Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.6% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) inactive recently.

Kenvue ( KVUE ) shares advanced 10% after it posted Q2 adjusted earnings of $0.32 per diluted share, up from $0.31 a year earlier.

Tempur Sealy International ( TPX ) shares fell more than 6% after it lowered its 2024 adjusted earnings per share guidance.

Celsius Holdings ( CELH ) shares were up more than 2% after it reported higher Q2 earnings and revenue.

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