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Sector Update: Consumer Stocks Mixed Premarket Wednesday

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Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower.

Abercrombie & Fitch (ANF) shares were up more than 12% after the company posted higher fiscal Q2 adjusted net income and net sales, and raised its 2026 outlook.

JM Smucker (SJM) stock was up more than 4% after the company reported higher fiscal Q1 adjusted earnings and revenue, and lifted its fiscal 2027 guidance.

Kohl's (KSS) shares were down more than 4% after the company posted a decline in fiscal Q2 net sales.

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