08:56 AM EDT, 05/15/2025 (MT Newswires) -- Consumer stocks were mixed premarket Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5% recently.

Dick's Sporting Goods (DKS) has agreed to acquire Foot Locker ( FL ) in a deal that implies an equity value of $2.4 billion and an enterprise value of $2.5 billion, the companies said. Shares of Foot Locker ( FL ) surged past 83%, while shares of Dick's Sporting Goods were more than 11% lower pre-bell.