09:12 AM EDT, 08/26/2024 (MT Newswires) -- Consumer stocks were mixed in Monday's premarket hours with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.1% recently.

PDD Holdings ( PDD ) shares fell past 19% after it reported a Q2 revenue of 97.06 billion Chinese renminbi ($13.63 billion), up from 52.28 billion renminbi a year earlier but missing the forecast of 100.1 million renminbi from analysts surveyed by Capital IQ.

Unilever ( UL ) is planning to divest skincare brands Kate Somerville and REN, British news channel Sky News reported Sunday, citing unnamed sources. Unilever ( UL ) shares were 0.5% lower pre-bell.

Walmart ( WMT ) Mexico's new chief executive, Ignacio Caride, is aiming to double sales to 1.8 trillion Mexican pesos ($93.92 billion) by 2033, the Financial Times reported Sunday. Walmart ( WMT ) shares were up 0.01% premarket.