Sector Update: Consumer Stocks Edge Higher Pre-Bell Wednesday

MT Newswires Live04-08

Consumer stocks were edging higher pre-bell Wednesday, with the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 3.8% and the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing by 0.6%.

Levi Strauss (LEVI) shares were up more than 11% after the company reported higher fiscal Q1 adjusted earnings and revenue, and raised its fiscal 2026 outlook.

Phoenix Education Partners (PXED) stock was up more than 4% after the company posted higher fiscal Q2 adjusted earnings, while lower revenue still topped analysts' expectations.

Bed Bath & Beyond (BBBY) shares were up more than 7% after the company said it has signed a preliminary agreement to acquire the equity interests and assets of F9 Brands for nearly $150 million.

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