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Sector Update: Consumer Stocks Steady Premarket Tuesday
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Sector Update: Consumer Stocks Steady Premarket Tuesday
Dec 10, 2024 6:18 AM

08:55 AM EST, 12/10/2024 (MT Newswires) -- Consumer shares were leaning higher pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) flat.

Academy Sports and Outdoors ( ASO ) shares slid 3.6% after the company reported lower adjusted earnings and net sales for fiscal Q3.

G-III Apparel Group ( GIII ) reported fiscal Q3 Non-GAAP earnings Tuesday of $2.59 per diluted share, down from $2.78 a year earlier. The company's shares fell 0.3%.

Vail Resorts ( MTN ) shares rose 4.1% pre-bell Tuesday after the company reported fiscal Q1 results that topped market expectations and raised its net income projection for fiscal 2025.

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