Consumer stocks were flat to higher pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) unchanged and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.8% recently.
D.R. Horton (DHI) shares declined by almost 3% after the company reported lower fiscal Q2 earnings and revenue. The company also cut its 2025 consolidated revenue guidance.
Kimberly-Clark's (KMB) international tissue business, valued at around $4 billion, is attracting acquisition interest, with Indonesia's Asia Pulp & Paper seeking up to $2 billion in loans to support its bid, Bloomberg reported, citing people familiar with the matter. Kimberly-Clark shares were up more than 2% premarket.
Ulta Beauty (ULTA) said it has named Lauren Brindley as chief merchandising and digital officer, effective June 3, succeeding Monica Arnaudo, who will retire in June. Shares of Ulta Beauty were 0.2% higher pre-bell.
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