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Sector Update: Consumer Stocks Steady Pre-Bell Monday
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Sector Update: Consumer Stocks Steady Pre-Bell Monday
Jul 15, 2024 6:23 AM

09:13 AM EDT, 07/15/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Monday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) unchanged.

Lululemon Athletica ( LULU ) is facing a class action lawsuit filed Friday that alleges the company portrays itself as environmentally friendly "when, in reality, they are causing significant damage to the environment." Lululemon Athletica ( LULU ) stock was 0.2% lower premarket.

AutoNation ( AN ) shares were down 0.6% after the company said it expects Q2 earnings per share of $3.15 to $3.30, including a negative impact of about $1.50 per share from a cyber incident at its third-party information systems provider CDK Global.

A.O. Smith (AOS) said it has agreed to acquire Pureit from Unilever ( UL ) for about $120 million in cash. Unilever ( UL ) stock was 0.2% higher premarket.

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