09:11 AM EST, 03/05/2024 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.8% lower recently.

Target ( TGT ) was advancing by more than 9% after it reported fiscal Q4 adjusted earnings of $2.98 per diluted share, up from $1.89 a year earlier. Analysts polled by Capital IQ expected $2.41.

Amer Sports ( AS ) was down more than 6% after it reported a Q4 adjusted net loss of $0.11 per diluted share, swinging from adjusted earnings of $0.12 per diluted share a year earlier.

First Watch Restaurant Group ( FWRG ) was over 3% lower even after reporting a swing to Q4 net income, from a net loss a year earlier, as revenue increased during the period.