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Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
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Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
May 9, 2024 6:21 AM

09:13 AM EDT, 05/09/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) slightly higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.4%.

YETI Holdings ( YETI ) shares were up over 14% after the company reported higher fiscal Q1 adjusted earnings and revenue. The company also raised its fiscal 2024 adjusted EPS outlook.

Hyatt Hotels ( H ) stock was down more than 3% after the company reported Q1 adjusted earnings of $0.71 per diluted share, up from $0.41 a year earlier but still missing the $0.95 forecast from analysts polled by Capital IQ.

Planet Fitness ( PLNT ) shares were down nearly 3% after it lowered its full-year adjusted EPS and revenue growth outlook.

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