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Sector Update: Consumer Stocks Steady Pre-Bell Wednesday
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Sector Update: Consumer Stocks Steady Pre-Bell Wednesday
Sep 11, 2024 9:51 AM

09:11 AM EDT, 09/11/2024 (MT Newswires) -- Consumer stocks were steady premarket Wednesday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down marginally and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) inactive.

Dave & Buster's Entertainment (PLAY) shares were up over 14% after the company reported higher fiscal Q2 adjusted earnings and revenue.

GameStop ( GME ) reported fiscal Q2 net sales of $798.3 million, down from $1.16 billion a year earlier. The company also filed a registration statement in connection with its proposed sale of up to 20 million of its Class A common shares. GameStop ( GME ) shares were down more than 9% pre-bell.

Manchester United ( MANU ) shares were down more than 3% after the company reported a wider fiscal Q4 adjusted loss and lower revenue.

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