09:17 AM EDT, 05/05/2025 (MT Newswires) -- Consumer stocks leaned lower premarket Monday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.8% lower recently.

Tyson Foods ( TSN ) shares declined by nearly 2% even after the company reported higher fiscal Q2 adjusted earnings, while sales were flat from a year earlier.

Skechers U.S.A (SKX) shares rose past 25% after the company said it has agreed to be acquired by 3G Capital for $63.00 per share in cash, a 30% premium to the company's 15-day volume-weighted average stock price.

Loews ( L ) shares declined by over 2% after the company reported lower Q1 earnings, while revenue increased.