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Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
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Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
May 7, 2024 6:29 AM

09:12 AM EDT, 05/07/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday as the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was down 0.3% and the Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.2% recently.

Hims & Hers Health ( HIMS ) advanced by over 13% after reporting that it swung to Q1 earnings as revenue increased during the period.

Celsius Holdings ( CELH ) was down more than 3% after it reported Q1 revenue of $355.7 million, missing the $389.8 million forecast from analysts surveyed by Capital IQ.

Walt Disney ( DIS ) fell by more than 7% after it reported fiscal Q2 revenue of $22.08 billion, up from $21.82 billion a year earlier but short of the $22.14 billion forecast from analysts polled by Capital IQ.

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