Sector Update: Consumer Stocks Mixed Pre-Bell Thursday

MT Newswires Live
02-27

Consumer stocks were mixed pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% higher recently.

Life Time Group Holdings (LTH) shares were up over 5% after the company reported higher Q4 adjusted earnings and revenue. The company also raised its fiscal 2025 revenue outlook.

J.M. Smucker (SJM) shares were down more than 1% after the company reported lower fiscal Q3 net sales that also missed estimates and reduced its 2025 net sales growth outlook.

Hormel Foods (HRL) reported lower fiscal Q1 adjusted earnings and net sales, although net sales came in above estimates. The company's shares were up 0.9%.

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