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Sector Update: Consumer Stocks Lean Lower Premarket Friday
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Sector Update: Consumer Stocks Lean Lower Premarket Friday
Apr 19, 2024 6:31 AM

09:13 AM EDT, 04/19/2024 (MT Newswires) -- Consumer stocks were leaning lower premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) marginally declining recently.

Procter & Gamble ( PG ) shares were down more than 2% even after the company reported higher fiscal Q3 core earnings and net sales.

Universal Technical Institute ( UTI ) shares were up 0.2% after the company said it has renewed its contract for supply of batteries from Interstate Batteries by another five years.

Franklin Covey ( FC ) shares were 0.6% higher after the company said its board has approved a new plan to purchase up to $50 million of its shares.

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