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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
Dec 4, 2024 6:23 AM

09:07 AM EST, 12/04/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.3% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% higher.

Foot Locker ( FL ) shares were down more than 17% after the company reported lower fiscal Q3 revenue and cut its fiscal 2024 non-GAAP earnings forecast.

Dollar Tree ( DLTR ) stock was up over 3% after the company reported higher fiscal Q3 adjusted earnings and revenue.

Hormel Foods ( HRL ) shares were down more than 2% after the company posted flat fiscal Q4 adjusted earnings and lower net sales.

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