Sector Update: Consumer Stocks Steady Premarket Tuesday

MT Newswires Live
2024-12-10

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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