08:53 AM EDT, 07/09/2025 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) 0.2% higher and The Consumer Discretionary Select Sector SPDR Fund (XLY) marginally lower.

Starbucks ( SBUX ) China has attracted offers from nearly 30 private equity firms with valuations ranging from $5 billion to $10 billion, CNBC reported, citing people familiar with the matter. Shares of Starbucks ( SBUX ) were up nearly 3% pre-bell.