Correction: Sector Update: Consumer Stocks Rise Premarket Tuesday

MT Newswires Live
10 Jun

(Corrects reference to J.M. Smucker's fiscal 2026 guidance.)

Consumer stocks were rising premarket Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.03% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3% recently.

Casey's General Stores (CASY) shares were up 14% after the company reported higher fiscal Q4 earnings and revenue and raised its quarterly dividend.

United Natural Foods (UNFI) shares were down nearly 5% after the company reported higher fiscal Q3 adjusted earnings and net sales.

J.M. Smucker (SJM) shares were down more than 7% after the company reported lower fiscal Q4 adjusted earnings and net sales and issued fiscal 2026 adjusted earnings per share guidance below analysts' expectations.

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