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Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
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Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
Dec 5, 2024 6:25 AM

09:08 AM EST, 12/05/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.03% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was up 0.1% recently.

Signet Jewelers ( SIG ) shares fell nearly 12% after the company reported flat fiscal Q3 adjusted earnings per share while sales declined during the period. The company also cut its fiscal 2025 guidance for adjusted earnings per share and lowered the ceiling of its revenue forecast for the year.

Caleres ( CAL ) shares tumbled by nearly 16% after the company reported lower fiscal Q3 adjusted earnings and net sales. The company also cut its fiscal 2024 guidance for adjusted earnings per share and sales.

Greif ( GEF ) shares were down more than 3% after the company reported a decline in fiscal Q4 adjusted earnings per share.

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