Correction: Sector Update: Consumer Stocks Rise Premarket Tuesday

MT Newswires Live
06/10

(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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