Sector Update: Consumer Stocks Mixed Premarket Thursday

MT newswire2026/11/12 13:13

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09:13 AM EST, 11/12/2026 (MT Newswires) -- Consumer stocks were mixed premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.3% lower. Keurig Dr Pepper (KDP) shares were down more than 4% after the company launched an underwritten public offering of $2 billion of shares of its common stock. Kraft Heinz (KHC) stock was up more than 1% after the company said it plans to return to growth in 2027 following investments made this year. YETI (YETI) shares were down more than 9% after the company trimmed its fiscal 2026 outlook.

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