Consumer stocks were advancing premarket Friday, with The Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% higher.
RLX Technology (RLX) shares were up over 3% after the company reported higher Q1 non-GAAP earnings and net revenue.
BRF (BRFS) has agreed to be fully acquired by Marfrig, the two Brazilian meat and poultry companies said in a disclosure. BRF stock was down more than 8% pre-bell.
Flowers Foods (FLO) shares were down past 4% after the company posted lower fiscal Q1 adjusted earnings and net sales in addition to cutting its fiscal 2025 outlook.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.