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Sector Update: Consumer Stocks Rise Pre-Bell Thursday
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Sector Update: Consumer Stocks Rise Pre-Bell Thursday
Apr 4, 2024 6:05 AM

08:42 AM EDT, 04/04/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) gaining 0.4% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.5%.

Levi Strauss (LEVI) shares jumped 12.6% after the denim jeans manufacturer's fiscal Q1 adjusted earnings and sales beat market expectations.

Simply Good Foods ( SMPL ) shares climbed 4.3% after the company reported fiscal Q2 adjusted earnings of $0.40 per diluted share, up from $0.32 a year earlier.

Conagra Brands ( CAG ) shares rose 4.6% after the company reported fiscal Q3 adjusted earnings that topped analyst estimates.

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