09:07 AM EST, 12/19/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) nearly 1% higher.

Soho House ( SHCO ) shares were up past 64% after the company said it received a $9-per-share acquisition offer from a consortium earlier this week.

Darden Restaurants ( DRI ) stock was up over 9% after the company reported higher fiscal Q2 adjusted earnings and revenue in addition to lifting its fiscal 2025 revenue outlook.

Conagra Brands ( CAG ) shares were down more than 1% after the company posted lower fiscal Q2 adjusted earnings and net sales.