09:11 AM EST, 02/18/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.4% higher recently.

Conagra Brands ( CAG ) shares were over 5% lower after the company said it now expects fiscal 2025 adjusted earnings per share of about $2.35, down from its previous guidance of $2.45 to $2.50.

Intercontinental Hotels Group ( IHG ) shares fell by over 2% after the company reported 2024 adjusted earnings and revenue that missed analysts expectations.

Restaurant Brands International (QSR) shares were up 0.7% after the company said its unit has acquired all the equity interests of TFI Asia Holdings and Pangaea Two Acquisition Holdings in Burger King China for $158 million.