09:13 AM EDT, 08/29/2025 (MT Newswires) -- Consumer stocks were mixed premarket Friday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.1% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) slightly declining.

Alibaba Group Holding ( BABA ) shares were up more than 6% after the Chinese e-commerce giant reported fiscal Q1 non-GAAP earnings that topped analysts' expectations and higher revenue during the period.

Ulta Beauty ( ULTA ) stock was up 2.9% after the US cosmetics retailer posted higher fiscal Q2 earnings and net sales, and increased its fiscal 2025 outlook.

Gap (GAP) shares were up 3.8% after the US retailer reported higher fiscal Q2 earnings and net sales.