Sector Update: Consumer Stocks Mixed Pre-Bell Monday
Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.6%.Dream Finders Homes (DFH) has submitted an all-cash proposal to acquire Beazer Homes USA (BZH) for $25.75 per share. Shares of Beazer Homes USA were up more than 34% premarket.Dole (DOLE) stock was 0.8% lower after the company reported a decline in Q1 adjusted earnings.United Parks & Resorts (PRKS) shares were down 0.1% after the company reported a wider Q1 loss, while revenue declined during the period.