Consumer stocks were mixed premarket Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) 0.3% lower and The Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.5%.

Coca-Cola Europacific Partners (CCEP) stock was up more than 2% after the company posted an increase in Q3 revenue.

McDonald's (MCD) shares were up more than 3% after the company reported higher Q3 revenue.

Performance Food Group (PFGC) shares were 0.9% lower after the company reported fiscal Q1 adjusted earnings that missed analysts' expectations.