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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
Mar 6, 2024 6:39 AM

09:17 AM EST, 03/06/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive.

JD.com ( JD ) was up almost 15% after it reported higher Q4 non-GAAP net income and revenue.

Foot Locker ( FL ) was retreating by 14% after it reported fiscal Q4 adjusted earnings of $0.38 per diluted share, down from $0.97 a year earlier. Analysts polled by Capital IQ expected $0.32.

Nordstrom ( JWN ) was over 11% lower as the company's fiscal 2024 earnings guidance came in a touch shy of analysts' forecast.

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