Sector Update: Consumer Stocks Steady Pre-Bell Friday

MT Newswires Live10-03

Consumer stocks were steady pre-bell Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) a slight 0.1% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) inactive.

GameStop (GME) stock was down more than 4% after the company filed a mixed-securities registration statement with the US Securities and Exchange Commission for the potential sale of an undisclosed amount of securities from time to time in one or more offerings.

American Outdoor Brands (AOUT) shares were up nearly 4% after the company said its board approved a share repurchase program of up to $10 million of common stock, running through Sept. 30, 2026.

Cracker Barrel Old Country Store (CBRL) said it was ending its contract with Prophet, a growth consultancy firm. Cracker Barrel said Prophet provided it with advisory services regarding its prior brand refresh strategies, including the restaurant redesigns and the logo. Cracker Barrel Old Country Store stock was 0.2% higher premarket.

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