Consumer stocks were edging higher premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing.
Diageo (DEO) stock was up more than 5% after the company reported higher preliminary adjusted earnings for fiscal 2026.
Keurig Dr Pepper (KDP) shares were up more than 2% after the company reported higher Q2 adjusted earnings and net sales.
US Foods (USFD) stock was up more than 3% after the company posted higher Q2 adjusted earnings and net sales.