09:13 AM EST, 11/12/2025 (MT Newswires) -- Consumer stocks were advancing pre-bell Wednesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.1% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.3%.

On Holding ( ONON ) stock was up nearly 22% after the company posted higher Q3 adjusted earnings and net sales, and raised its 2025 net sales outlook.

McGraw Hill ( MH ) shares were up more than 13% after the company raised its fiscal 2026 revenue guidance.

Arcos Dorados ( ARCO ) stock was up more than 4% after the company reported higher Q3 earnings and revenue.