09:11 AM EDT, 04/30/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently down 2%.
Starbucks ( SBUX ) shares fell by over 10% after the company reported fiscal Q2 non-GAAP net income and net revenue that missed analysts' expectations.
International Paper ( IP ) shares were over 3% lower after the company reported Q1 adjusted earnings and revenue that missed analysts' expectations.
Yum! Brands ( YUM ) shares were down nearly 2% even after the company reported higher Q1 adjusted earnings and revenue.