Sector Update: Consumer

08:58 AM EDT, 09/02/2026 (MT Newswires) -- Consumer stocks were advancing pre-bell 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% higher. G-III Apparel (GIII) shares were down more than 8% after the company reported lower fiscal Q2 net sales and issued fiscal Q3 outlook below expectations.