09:15 AM EDT, 07/10/2025 (MT Newswires) -- Consumer stocks were mixed premarket Thursday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) slightly higher recently.

WK Kellogg (KLG) signed an agreement to be acquired by Ferrero Group for $23 per share in cash for a total enterprise value of $3.1 billion. Shares of WK Kellogg were up more than 30% pre-bell.

Conagra Brands ( CAG ) shares were down more than 7% after the company reported lower fiscal Q4 adjusted earnings and net sales.

Simply Good Foods ( SMPL ) shares were down more than 4% after the company reported higher fiscal Q3 net sales that still missed analysts' expectations.