Consumer stocks were edging higher pre-bell Friday as the Consumer Discretionary Select Sector SPDR Fund (XLY) and Consumer Staples Select Sector SPDR Fund (XLP) were up marginally.
Nike (NKE) shares advanced by 8% after the company said Elliott Hill will rejoin the company as chief executive officer, effective Oct. 14.
MillerKnoll (MLKN) shares fell past 6% after the company reported lower fiscal Q1 adjusted earnings and sales.
Chewy (CHWY) shares were down more than 3% after the company said an offering of 16.7 million of its class A common shares by shareholder BC Partners Advisors was priced at $30 per share.
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