09:07 AM EDT, 06/06/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) and Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently unchanged.

Five Below ( FIVE ) declined by more than 19% as its fiscal Q1 sales and earnings lagged market expectations and the company lowered its full-year outlook.

Lululemon Athletica ( LULU ) advanced by more than 8% after the company reported higher earnings and sales for fiscal Q1 and raised its full-year earnings forecast.

Vista Outdoor ( VSTO ) rose past 6% after MNC Capital Partners announced a higher all-cash offer to acquire the company. MNC Capital is now offering $39.50 per Vista Outdoor ( VSTO ) common share, or a total of more than $3 billion.