Consumer stocks were mixed pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.4% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally declining.

Hershey (HSY) shares were up over 4% after the company reported Q4 adjusted earnings and sales that topped analysts' expectations, and issued 2026 adjusted earnings per share outlook above consensus.