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Sector Update: Consumer Stocks Mixed Premarket Friday
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Sector Update: Consumer Stocks Mixed Premarket Friday
Jan 24, 2025 6:40 AM

09:15 AM EST, 01/24/2025 (MT Newswires) -- Consumer stocks were mixed premarket Friday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% higher.

Costco Wholesale ( COST ) shareholders have voted against a shareholder proposal requesting the company to report on the risks of maintaining its diversity, equity and inclusion initiatives, according to a FactSet transcript of the company's 2025 annual meeting of shareholders. Costco Wholesale ( COST ) shares were down 0.1% pre-bell.

Arcos Dorados Holdings ( ARCO ) shares were 0.4% higher after the company said it has priced $600 million worth of 6.375% senior notes maturing Jan. 29, 2032, through its Arcos Dorados B.V. unit.

Amazon.com ( AMZN ) has entered into a new long term supply agreement with Bloomsbury Publishing, the publisher said. Amazon.com ( AMZN ) shares were down 0.1% premarket.

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