08:49 AM EST, 02/06/2025 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) advanced by 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.1% recently.

Philip Morris International ( PM ) shares rose past 9% after the company reported higher Q4 adjusted earnings and revenue. The company also issued 2025 adjusted earnings per share outlook above analysts' expectations.