09:13 AM EST, 03/08/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% lower while the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was up 0.5% recently.

Costco Wholesale ( COST ) was 3% lower after it reported fiscal Q2 net sales of $58.44 billion, up from $55.27 billion a year earlier but missing the $59.13 billion consensus from analysts surveyed by Capital IQ.

First Watch Restaurant Group ( FWRG ) was down more than 3% after it launched an underwritten secondary offering of 6 million shares by certain selling stockholders.

Duckhorn Portfolio ( NAPA ) fell by 1.5% after it reported fiscal Q2 net sales of $103.0 million, down from $103.5 million a year earlier. Analysts surveyed by Capital IQ expected $105.1 million. The company also lowered its fiscal 2024 outlook for adjusted EPS and net sales.