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Sector Update: Consumer Stocks Mixed Premarket Wednesday

Sector Update: Consumer Stocks Mixed Premarket Wednesday

MT newswireMT newswire2026/08/26 13:16
09:16 AM EDT, 08/26/2026 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower. Abercrombie Fitch (ANF) shares were up more than 12% after the company posted higher fiscal Q2 adjusted net income and net sales, and raised its 2026 outlook. JM Smucker (SJM) stock was up more than 4% after the company reported higher fiscal Q1 adjusted earnings and revenue, and lifted its fiscal 2027 guidance. Kohl's (KSS) shares were down more than 4% after the company posted a decline in fiscal Q2 net sales.
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