09:16 AM EDT, 09/03/2025 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.1% higher.

Macy's (M) shares were up more than 15% after the company raised its fiscal 2025 guidance as it reported fiscal Q2 adjusted earnings and net sales that topped analysts' expectations.

Dollar Tree ( DLTR ) stock was down more than 7% after the company said it expects fiscal Q3 adjusted earnings per share to be "similar" to Q3 2024.

Smithfield Foods ( SFD ) shares were more than 4% lower after the company said its principal shareholder, SFDS UK Holdings, will sell 16 million Smithfield Foods ( SFD ) shares.