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Sector Update: Consumer Stocks Mixed Pre-Bell Monday
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Sector Update: Consumer Stocks Mixed Pre-Bell Monday
Mar 3, 2025 6:29 AM

09:11 AM EST, 03/03/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.8% higher recently.

Capri Holdings ( CPRI ) is nearing a deal to sell Versace to Prada for nearly 1.5 billion euros ($1.56 billion), Bloomberg reported over the weekend, citing people familiar with the matter. Capri Holdings ( CPRI ) shares were up more than 8% premarket.

Nomad Foods ( NOMD ) shares rose nearly 5% after the company reported higher Q4 adjusted earnings and revenue. The company also raised its 2025 adjusted earnings per share outlook.

Kroger ( KR ) shares declined by nearly 4% after the company said Chairman and Chief Executive Rodney McMullen has resigned following a probe by the board of directors that found his conduct to be "inconsistent with Kroger's ( KR ) Policy on Business Ethics."

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