09:10 AM EDT, 05/02/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund ( XLP ) recently inactive and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.9% higher.

Etsy ( ETSY ) was down more than 15% after it reported Q1 net income of $0.48 per diluted share, down from $0.53 a year earlier.

Peloton Interactive ( PTON ) said it is decreasing its global headcount by nearly 15%, affecting about 400 employees. Peloton Interactive ( PTON ) rose by more than 10% in recent premarket activity.

Pilgrim's Pride (PPC) was 2.5% lower after reporting Q1 revenue of $4.36 billion, up from $4.17 billion a year earlier but still missing the $4.43 billion forecast from analysts surveyed by Capital IQ.