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Sector Update: Consumer Stocks Advance Premarket Thursday

Sector Update: Consumer Stocks Advance Premarket Thursday

MT newswireMT newswire2026/09/17 13:10
09:10 AM EDT, 09/17/2026 (MT Newswires) -- Consumer stocks were advancing premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1.5% higher. Nike (NKE) shares were up more than 2% after the company said Alexandre Arnault has been appointed to its board of directors. YETI (YETI) stock was up more than 4% after the company said it is targeting annual adjusted earnings per share growth of low double-digit to high teens and annual net sales growth of mid-single-digit to high-single-digit through fiscal 2030. Vital Farms (VITL) is evaluating strategic alternatives, including a take-private option, Axios reported. Shares of Vital Farms were up more than 6% pre-bell.
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