09:07 AM EDT, 06/04/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) and Consumer Discretionary Select Sector SPDR Fund ( XLY ) slightly advancing recently.

Miniso ( MNSO ) has selected JPMorgan Chase ( JPM ) and UBS (UBS) to lead the planned Hong Kong initial public offering of its toy unit, Top Toy, Bloomberg reported, citing unnamed sources familiar with the matter. Shares of Miniso Group Holding ( MNSO ) were up more than 3% premarket.

Autoliv ( ALV ) shares were nearly 3% higher after the company reiterated its 2025 guidance for organic sales growth and announced a new stock repurchase program of up to $2.5 billion.

Dollar Tree ( DLTR ) shares were more than 1% lower after the company said it expects its fiscal Q2 adjusted EPS from continuing operations to be down as much as 45% to 50% year-over-year.