Sector Update: Consumer Stocks Decline Pre-Bell Tuesday

MT Newswires Live06-02

Consumer stocks were declining pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.5%.

Dollar General (DG) stock was up more than 4% after the company reported higher fiscal Q1 earnings and net sales.

Signet Jewelers (SIG) shares were up more than 4% after the company posted higher fiscal Q1 adjusted earnings and sales, and raised its fiscal 2027 adjusted EPS outlook.

Oddity Tech (ODD) shares were down more than 23% after the company said it swung to a Q1 adjusted loss, as net revenue fell during the period, and projected up to a 30% decline in Q2 net revenue.

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