09:15 AM EDT, 03/15/2024 (MT Newswires) -- Consumer stocks were gaining pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2% and Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently up 0.1%.

RLX Technology ( RLX ) was up more than 7% after it reported higher Q4 non-GAAP net income and revenue.

Ulta Beauty ( ULTA ) was over 7% lower even after it reported higher Q4 earnings per share and net sales.

Despegar.com ( DESP ) rose past 12% after it reported a narrowed Q4 loss as revenue increased during the period.