Consumer stocks were mixed pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.3% higher.

Foot Locker (FL) shares were down more than 17% after the company reported lower fiscal Q3 revenue and cut its fiscal 2024 non-GAAP earnings forecast.

Dollar Tree (DLTR) stock was up over 3% after the company reported higher fiscal Q3 adjusted earnings and revenue.

Hormel Foods (HRL) shares were down more than 2% after the company posted flat fiscal Q4 adjusted earnings and lower net sales.