Consumer stocks were advancing premarket Thursday, with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1.1%.
Bath & Body Works (BBWI) shares were down more than 17% after the company reported lower fiscal Q3 adjusted earnings and net sales. The company also issued fiscal 2025 adjusted earnings per share outlook below analysts' expectations and lowered its net sales guidance.
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