09:10 AM EST, 02/06/2025 (MT Newswires) -- Consumer stocks were flat to higher premarket Thursday as the Consumer Staples Select Sector SPDR Fund ( XLP ) advanced by 0.6% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was inactive recently.

Philip Morris International ( PM ) shares rose past 9% after the company reported higher Q4 adjusted earnings and revenue. The company also issued 2025 adjusted earnings per share outlook above analysts' expectations.

Tapestry (TPR) shares were up over 18% after the company reported fiscal higher Q2 non-GAAP earnings and net sales. The company also raised its outlook for fiscal 2025.

Yum China ( YUMC ) shares advanced by more than 3% after the company reported higher Q4 adjusted earnings and revenue. The company also said it plans to return $3 billion to shareholders in 2025 through 2026.