Consumer stocks were advancing pre-bell Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%.
Procter & Gamble (PG) shares were up more than 3% after the company posted higher fiscal Q1 core earnings and net sales.
Beyond Meat (BYND) stock was up more than 12% after the company said it expects net revenue of about $70 million for fiscal Q3 ended Sept. 27, in line with its prior outlook of $68 million to $73 million.
Boston Beer (SAM) shares were up more than 4% after the company reported higher Q3 earnings and raised its guidance for 2025 earnings per share.
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