Consumer stocks were edging higher premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.2%.
Lululemon Athletica (LULU) stock was down more than 11% after the company posted a decline in fiscal Q1 earnings and cut its 2026 guidance.
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