Consumer stocks were mixed pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 1.4% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 1.1%.
Altria Group (MO) stock was down more than 5% after the company reported Q2 adjusted earnings that missed analysts' expectations.
Anheuser-Busch InBev (BUD) shares were down more than 2% even after the company posted higher Q2 underlying earnings and revenue.
Hershey (HSY) stock was 0.4% lower even after the company reported higher Q2 adjusted earnings and revenue.