Consumer stocks were mixed premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) retreating 0.7%.

Coca-Cola Company (KO) shares were over 2% higher premarket after the company reported higher Q1 adjusted earnings and revenue.

Polaris (PII) shares rose more than 2% after the company swung to Q1 adjusted earnings amid higher sales.

Coca-Cola Europacific Partners (CCEP) stock was 3% higher after the company reported higher Q1 revenue.