Sector Update: Consumer Stocks Rise Pre-Bell Tuesday

MT Newswires Live02-24 22:12

Consumer stocks were rising pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) slightly advancing and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.

Home Depot (HD) shares were up more than 3% after the company reported fiscal Q4 adjusted earnings and net sales that topped analysts' estimates.

Keurig Dr Pepper (KDP) stock was up more than 2% after the company posted higher Q4 adjusted earnings and net sales, and issued 2026 net sales outlook above analysts' expectations.

Amer Sports (AS) shares were down more than 4% after the company issued Q1 and 2026 adjusted earnings per share guidance below analysts' expectations.

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