Consumer stocks were flat to lower premarket Tuesday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) inactive.
D.R. Horton (DHI) shares were down more than 12% after the company reported lower fiscal Q4 net income and consolidated revenue.
Royal Caribbean Group (RCL) stock was more than 2% lower after the company said it expects Q4 adjusted earnings of $1.40 to $1.45 per share, which compares with $1.57 anticipated by analysts surveyed by Capital IQ.
McDonald's (MCD) shares were down more than 1% after the company said Q3 comparable sales declined by 1.5%, compared with 8.8% growth a year earlier.
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