09:11 AM EDT, 04/09/2026 (MT Newswires) -- Consumer stocks were declining pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.1%.

Simply Good Foods ( SMPL ) stock was down more than 25% after the company posted lower fiscal Q2 adjusted earnings and net sales, and cut its fiscal 2026 net sales outlook.

British American Tobacco ( BTI ) said it has appointed Dragos Constantinescu as chief financial officer and executive director, effective Sept. 1. British American Tobacco ( BTI ) shares were down more than 2% premarket.

Walt Disney ( DIS ) is preparing to lay off as many as 1,000 employees in the coming weeks, The Wall Street Journal reported, citing people familiar with the matter. Walt Disney ( DIS ) stock was 0.6% lower pre-bell.