Consumer stocks were advancing premarket Friday, with The Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% higher.

RLX Technology (RLX) shares were up over 3% after the company reported higher Q1 non-GAAP earnings and net revenue.

BRF (BRFS) has agreed to be fully acquired by Marfrig, the two Brazilian meat and poultry companies said in a disclosure. BRF stock was down more than 8% pre-bell.

Flowers Foods (FLO) shares were down past 4% after the company posted lower fiscal Q1 adjusted earnings and net sales in addition to cutting its fiscal 2025 outlook.