09:11 AM EDT, 05/29/2024 (MT Newswires) -- Consumer stocks were declining pre-bell Wednesday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 1% lower and the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.3% recently.

Dick's Sporting Goods (DKS) rose 8 % after it reported higher fiscal Q1 non-GAAP earnings and net sales. The company also raised its full-year 2024 outlook.

Chewy (CHWY) was up more than 12% after it reported higher fiscal Q1 adjusted earnings and net sales.

Abercrombie & Fitch ( ANF ) was 5% higher after it reported higher fiscal Q1 adjusted earnings and net sales. The company also raised its fiscal 2024 net sales growth outlook.