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Sector Update: Consumer Stocks Mixed Premarket Wednesday
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Sector Update: Consumer Stocks Mixed Premarket Wednesday
Mar 11, 2026 3:41 AM

09:11 AM EST, 02/11/2026 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.3% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.

Shopify ( SHOP ) shares were up more than 12% after the company posted Q4 net income and revenue that topped analysts' estimates.

Kraft Heinz ( KHC ) stock was down more than 6% after the company reported lower Q4 adjusted net income and net sales, and issued fiscal 2026 adjusted earnings per share outlook below analysts' expectations.

SharkNinja ( SN ) shares were down more than 3% even after the company posted higher Q4 adjusted net income and net sales.

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