Consumer stocks were edging higher pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) marginally advancing recently.
Kohl's (KSS) shares declined by over 16% after the company reported lower fiscal Q4 adjusted earnings and net sales. The company also issued fiscal 2025 earnings per share guidance below analysts' expectations.
Dick's Sporting Goods (DKS) shares were down more than 1% after the company reported a decline in fiscal Q4 non-GAAP earnings and issued fiscal 2025 earnings per share outlook below analysts' expectations.
United Natural Foods (UNFI) shares advanced by over 4% after the company reported higher fiscal Q2 adjusted earnings and net sales. The company also raised its fiscal 2025 guidance.
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