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Sector Update: Consumer Stocks Mixed Pre-Bell Friday
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Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Dec 13, 2024 6:30 AM

09:13 AM EST, 12/13/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) advanced marginally recently.

RH (RH) shares were up over 13% after the company reported a swing to fiscal Q3 adjusted earnings as revenue increased during the period.

Caesars Entertainment ( CZR ) shares were over 2% higher after the company said it has completed its $275 million sale of the LINQ Promenade to a joint venture between TPG Real Estate and Acadia Realty Trust's Investment Management Platform.

Costco Wholesale ( COST ) shares were down 0.7% after the company's fiscal Q1 revenue increased but missed expectations.

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