Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sector Update: Consumer Stocks Lean Lower Premarket Thursday

Sector Update: Consumer Stocks Lean Lower Premarket Thursday

MT newswireMT newswire2026/08/27 13:14
09:14 AM EDT, 08/27/2026 (MT Newswires) -- Consumer stocks were leaning lower premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.4%. Dollar General (DG) stock was up more than 8% after the company reported higher fiscal Q2 earnings and net sales, and raised its fiscal 2026 outlook. Dollar Tree (DLTR) shares were down more than 6% after the company set fiscal Q3 adjusted earnings per share guidance that fell short of analysts' estimates. Burlington Stores (BURL) stock was down more than 4% after the company issued fiscal Q3 adjusted earnings per share outlook below analysts' expectations.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

AI drives "light" merger and acquisition: Marvell Technology (MRVL.US) seeks to acquire Lumentum (LITE.US), potentially entering the top ten largest tech deals in history

Marvell is in talks to acquire optical device maker Lumentum, which currently has a market value of 8.3 billion dollars. The transaction may be announced next week.

智通财经•2026/10/29 00:51
AI drives "light" merger and acquisition: Marvell Technology (MRVL.US) seeks to acquire Lumentum (LITE.US), potentially entering the top ten largest tech deals in history

Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit

Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.

智通财经•2026/10/28 23:26