financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Decline Premarket Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Decline Premarket Friday
May 29, 2026 6:31 AM

09:10 AM EDT, 05/29/2026 (MT Newswires) -- Consumer stocks were declining premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.3% lower.

Buckle (BKE) stock was up 0.9% after the company reported higher fiscal Q1 earnings and net sales.

Costco Wholesale's ( COST ) net new warehouse openings in fiscal 2026 are set to be below its previous guidance, according to the firm's earnings conference call late Thursday. Shares of Costco Wholesale ( COST ) were 0.9% lower pre-bell.

Etsy ( ETSY ) signed a letter agreement with eBay ( EBAY ) tied to the planned $1.2 billion sale of Depop, allowing continued investment in the business before the deal closes, Etsy ( ETSY ) said in a filing. Shares of Etsy ( ETSY ) were 0.8% higher premarket.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved