Published 2d ago2026-04-09 08:54:58

Sector Update: Consumer

Consumer stocks were declining pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.1%.Simply Good Foods (SMPL) stock was down more than 22% after the company posted lower fiscal Q2 adjusted earnings and net sales, and cut its fiscal 2026 net sales outlook.

-- Consumer stocks were declining pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.1%.

Simply Good Foods (SMPL) stock was down more than 22% after the company posted lower fiscal Q2 adjusted earnings and net sales, and cut its fiscal 2026 net sales outlook.