09:08 AM EDT, 07/11/2024 (MT Newswires) -- Consumer stocks were flat to higher premarket Thursday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was unchanged, and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was up 0.6% recently.

PepsiCo ( PEP ) was down 2.6% after it reported a fiscal Q2 revenue of $22.50 billion, up from $22.32 billion a year earlier but missing the $22.59 billion estimate from analysts surveyed by Capital IQ.

Conagra Brands ( CAG ) fell more than 2% after it reported lower fiscal Q4 adjusted earnings and net sales.

Costco Wholesale ( COST ) was up more than 1% after it reported net sales of $24.5 billion in the five weeks ended July 7, up from $22.8 billion a year earlier.