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Sector Update: Consumer Stocks Flat to Higher Premarket Wednesday
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Sector Update: Consumer Stocks Flat to Higher Premarket Wednesday
Oct 9, 2024 9:20 AM

09:08 AM EDT, 10/09/2024 (MT Newswires) -- Consumer stocks were flat to higher premarket Wednesday as the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was inactive and the Consumer Staples Select Sector SPDR Fund ( XLP ) was recently up 0.1%.

Helen of Troy (HELE) shares rose past 18% after the company reported lower fiscal Q2 adjusted earnings per share and net sales that still topped estimates from analysts polled by Capital IQ.

SunOpta ( STKL ) shares were up over 2% after the company said it is expanding its oatmilk distribution in January through a partnership with a "large" coffee chain.

Kidpik ( PIK ) shares were down almost 11% after the company said in a regulatory filing that it has submitted a request to the Nasdaq Hearings Panel to stay a delisting of its shares "at least until the hearing process concludes and any extension granted by the panel expires."

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