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Sector Update: Consumer Stocks Mixed Premarket Friday
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Sector Update: Consumer Stocks Mixed Premarket Friday
Jul 19, 2024 6:25 AM

09:03 AM EDT, 07/19/2024 (MT Newswires) -- Consumer stocks were mixed premarket Friday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% lower recently.

Scholastic (SCHL) declined by over 14% after it reported lower fiscal Q4 earnings, excluding one-time items, and revenue.

Autoliv ( ALV ) fell past 6% after it reported declines in Q2 adjusted earnings and net sales. The company also cut its 2024 organic sales growth forecast.

Netflix ( NFLX ) was up almost 1% after it reported higher Q2 earnings and revenue.

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