08:50 AM EDT, 05/30/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) marginally up and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.1% higher.

Burlington Stores ( BURL ) shares rose 15% after the company reported higher fiscal Q1 adjusted diluted earnings and revenue.

Birkenstock Holding ( BIRK ) shares advanced nearly 10% after the company reported that its adjusted earnings were unchanged and its revenue increased in fiscal Q2.

Foot Locker ( FL ) shares were up 13% after the company reported fiscal Q1 adjusted earnings of $0.22 per diluted share, higher than analysts' expectations of $0.12.