09:18 AM EDT, 03/13/2024 (MT Newswires) -- Consumer stocks were slipping pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) recently down 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) declining by 0.3%.

Dollar Tree ( DLTR ) was down nearly 14% after it issued fiscal Q1 earnings per share guidance that missed consensus from analysts polled by Capital IQ. Dollar Tree ( DLTR ) also said it plans to close about 600 Family Dollar stores in H1 of the current fiscal year.

Allbirds ( BIRD ) was more than 15% lower after it reported a wider Q4 loss as net revenue declined during the period.

Beauty Health ( SKIN ) was rallying 21% after it reported a Q4 net loss and net sales that topped consensus from analysts polled by Capital IQ.