09:07 AM EDT, 03/25/2025 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.03% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently advanced by 0.5%.
McCormick ( MKC ) shares fell nearly 5% after the company reported a decline in fiscal Q1 adjusted earnings, also missing analysts' expectations.
Smithfield Foods ( SFD ) shares were up nearly 2% after the company reported fiscal Q4 adjusted earnings from continuing operations of $0.52 per diluted share and revenue of $3.95 billion.
Bunge Global ( BG ) shares were 0.03% higher after the company said it has agreed to sell its European margarine and spreads business to Vandemoortele, a family-owned food group in Europe.