Consumer stocks leaned lower pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) declining by 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently down 0.3%.
Cal-Maine Foods (CALM) shares fell by 5% after the company reported fiscal Q3 net income per share and net sales that missed analysts' expectations, and confirmed it is under a government antitrust investigation linked to nationwide increases in egg prices.
Simply Good Foods (SMPL) shares were up almost 8% after the company reported higher fiscal Q2 adjusted earnings and net sales.
Post (POST) shares were down nearly 2% after the company said it will close two of its Post Consumer Brands cereal manufacturing facilities in Ontario and Nevada, by the end of December 2025.
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