08:54 AM EDT, 07/17/2024 (MT Newswires) -- Consumer stocks were leaning lower pre-bell Wednesday, with the Consumer Staples Select Sector SPDR Fund (XLP) marginally declining and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently down 0.7%.

VF (VFC) was up more than 10% after saying it entered into a definitive agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.