09:10 AM EDT, 03/26/2026 (MT Newswires) -- Consumer stocks were declining pre-bell Thursday, 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) down 0.9%.

Olaplex ( OLPX ) stock was up more than 51% after the company said it has agreed to be acquired by Henkel for $2.06 per share in cash, representing a roughly $1.4 billion equity value.

JBS (JBS) shares were down more than 3% after the company reported unchanged Q4 earnings year over year, missing analysts' expectations.

Lovesac ( LOVE ) stock was up more than 20% after the company said its board has approved common share buybacks of an additional $40 million, raising the amount under its existing repurchase program to $54.1 million.