09:10 AM EST, 01/09/2026 (MT Newswires) -- Consumer stocks were advancing premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.

Carter's (CRI) shares were up more than 3% after the company reported preliminary fiscal Q4 net sales growth in the high single-digit percentage compared with a year earlier.

The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's ( DEO ) East African Breweries unit to Asahi Holdings, Reuters reported, citing a lawyer representing Kenyan distributor Bia Tosha challenging the deal. Diageo ( DEO ) stock was up more than 1% pre-bell.

Walt Disney ( DIS ) Chief Executive Bob Iger met with Chinese Vice Premier Ding Xuexiang in Beijing to discuss the prospects of deepening the US media and entertainment giant's presence in the Asian country, news outlets reported. Walt Disney ( DIS ) shares were 0.1% higher premarket.