Consumer stocks were mixed pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.7% recently.
Coca-Cola (KO) shares advanced by over 4% after the company reported higher Q4 comparable earnings and net operating revenue.
Shopify (SHOP) shares were down more than 1% even after the company reported higher Q4 non-GAAP net income and revenue.
Marriott International (MAR) shares were over 2% lower after the company reported a decline in Q4 adjusted earnings. The company also issued Q1 and 2025 outlook for adjusted earnings per share below analysts' expectations.
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