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Sector Update: Consumer Stocks Mixed Pre-Bell Monday

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Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.

Domino's Pizza (DPZ) stock was up more than 7% after the company posted higher fiscal Q2 earnings and revenue.

Nomad Foods (NOMD) said it expects Q2 reported and organic revenue to decline by 2.5% to 3.5%. Shares of Nomad Foods were up more than 1% pre-bell.

Target (TGT) will launch Picolette, an exclusive 60-item baby collection developed with entrepreneur and model Olivia Culpo, on July 26 in about 1,400 stores and online, the company said. Target shares were 0.3% higher premarket.

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