09:14 AM EDT, 09/11/2025 (MT Newswires) -- Consumer stocks were advancing premarket Thursday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.3% and the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.1% higher.

Alibaba Group ( BABA ) shares were up 3.1% after the company said it priced a $3.2 billion offering of zero coupon convertible senior notes due 2032.

Kroger ( KR ) stock was up more than 1% after the company reported higher fiscal Q2 adjusted earnings and sales, and raised the lower end of its fiscal 2025 adjusted EPS guidance.

Chipotle Mexican Grill ( CMG ) shares were 0.5% higher after the company said it signed a joint venture with South Korean food company SPC Group, with a view to opening the first Chipotle restaurants in South Korea and Singapore in 2026.