09:07 AM EDT, 08/14/2024 (MT Newswires) -- Consumer stocks were declining pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) declining 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) also down 0.1% recently.

Global-e Online ( GLBE ) shares declined by over 9% after it lowered its 2024 revenue guidance to be between $710 million and $750 million, compared with the previous range of $733 million to $773 million.

Kellanova ( K ) has agreed to be acquired by Mars for a total consideration of $35.9 billion, including assumed net leverage, Mars said. Kellanova ( K ) shares rose past 7% premarket.

Performance Food Group ( PFGC ) shares were up over 2% after it reported higher fiscal Q4 adjusted earnings and net sales.