Sector Update: Consumer Stocks Decline Premarket Tuesday

MT Newswires Live03-10

Consumer stocks were declining premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.01%.

Bunge Global (BG) shares were up more than 4% after the company updated its earnings per share mid-cycle baseline to $13 and said it expects to increase it to at least $15 by the end of 2030.

Kohl's (KSS) stock was down nearly 3% after the company posted a decline in fiscal Q4 revenue.

United Natural Foods (UNFI) shares were up more than 3% after the company reported higher fiscal Q2 adjusted earnings and raised its fiscal 2026 adjusted earnings per share outlook.

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