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Sector Update: Consumer Stocks Mixed Premarket Friday
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Sector Update: Consumer Stocks Mixed Premarket Friday
Feb 7, 2025 6:34 AM

09:02 AM EST, 02/07/2025 (MT Newswires) -- Consumer shares were mixed pre-bell Friday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.5% lower recently.

Amazon.com ( AMZN ) reported higher Q4 earnings and net sales late Thursday while issuing Q1 net sales guidance below analyst expectations. Amazon ( AMZN ) shares were down 2.6% pre-bell Friday.

Skechers USA ( SKX ) shares fell 11% pre-bell Friday after the company reported Q4 earnings and sales late Thursday that trailed analyst estimates.

ELF Beauty (ELF) shares were down 24% after the company lowered its fiscal 2025 guidance on earnings and revenue.

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