Sector Update: Consumer Stocks Mixed Premarket Wednesday

MT Newswires Live
05 Feb

Consumer shares were mixed pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) was up 0.1% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% lower.

Mondelez International (MDLZ) shares were down 5.1% pre-bell Wednesday after the company overnight posted lower Q4 adjusted earnings.

Chipotle Mexican Grill (CMG) reported higher Q4 adjusted earnings and revenue late Tuesday. The company's shares fell 5.7% pre-bell Wednesday.

Stanley Black & Decker (SWK) shares were down 4.5% after it reported lower fiscal Q4 net sales.

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