Sector Update: Consumer Stocks Decline Pre-Bell Monday

09:17 AM EDT, 08/31/2026 (MT Newswires) -- Consumer stocks were declining pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.6%. GameStop (GME) shares were up more than 3% after the company said it expects Q2 net income of $290 million to $310 million, up from $168.6 million a year earlier. Herbalife (HLF) Chief Executive Stephan Gratziani will step down, effective Oct. 31, the company said. Herbalife stock was nearly 5% lower premarket. Coupang's (CPNG) troubles with the South Korean government are exacerbating Seoul's tensions over trade with the US, CNBC reported, citing its own reporting. Coupang shares were 0.5% lower pre-bell.