09:10 AM EST, 11/14/2024 (MT Newswires) -- Consumer stocks were declining pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) marginally lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.2%.

Walt Disney ( DIS ) shares were up over 8% after the company reported higher fiscal Q4 adjusted earnings and revenue.

Tapestry (TPR) stock was more than 8% higher after the company said it has agreed with Capri Holdings ( CPRI ) to terminate their merger agreement amid regulator opposition to the deal. Capri Holdings ( CPRI ) shares were more than 5% lower premarket.

JD.com ( JD ) shares were down 0.8% even after the company reported higher Q3 adjusted earnings and revenue.