09:10 AM EDT, 09/13/2024 (MT Newswires) -- Consumer stocks were steady premarket Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) advanced by a slight 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive.

RH (RH) shares rose past 20% after the company reported a fiscal Q2 revenue of $829.7 million from $800.5 million a year earlier.

Laureate Education ( LAUR ) shares were up over 2% after the company said its board authorized a new plan for the buyback of up to $100 million of its common shares.

Flutter Entertainment ( FLUT ) said it agreed to acquire an initial 56% stake in NSX Group, which owns the Brazilian sports betting and online gaming operator Betnacional, for about $350 million in cash. Flutter Entertainment ( FLUT ) shares were 0.4% lower pre-bell.