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FINWIRES

Sector Update: Consumer Stocks Advance Premarket Friday

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-- Consumer stocks were advancing premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.4% higher.

Interface (TILE) shares were up nearly 11% after the company posted higher fiscal Q1 adjusted earnings and net sales, and raised its fiscal 2026 outlook.

Wendy's (WEN) stock was up more than 4% after the company reported Q1 adjusted earnings and revenue that topped analysts' expectations, with revenue increasing year over year.

Zara has denied infringing Estee Lauder's (EL) Jo Malone trademark in an infringement case, Reuters reported, citing a court filing. Estee Lauder shares were 0.8% higher pre-bell.

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