09:13 AM EDT, 10/29/2024 (MT Newswires) -- Consumer stocks were flat to lower premarket Tuesday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) inactive.

D.R. Horton ( DHI ) shares were down more than 12% after the company reported lower fiscal Q4 net income and consolidated revenue.

Royal Caribbean Group (RCL) stock was more than 2% lower after the company said it expects Q4 adjusted earnings of $1.40 to $1.45 per share, which compares with $1.57 anticipated by analysts surveyed by Capital IQ.

McDonald's (MCD) shares were down more than 1% after the company said Q3 comparable sales declined by 1.5%, compared with 8.8% growth a year earlier.