09:13 AM EDT, 05/13/2026 (MT Newswires) -- Consumer stocks were declining premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.1% lower.

Alibaba (BABA) shares were down more than 2% after the company reported fiscal Q4 adjusted earnings and revenue that missed analysts'expectations, with adjusted earnings declining year on year.

Birkenstock (BIRK) stock was down more than 6% after the company reported fiscal Q2 adjusted earnings and revenue that missed analysts'estimates.

Global-e Online (GLBE) shares were up 4.7% after the company posted higher Q1 non-GAAP earnings and revenue, and raised its 2026 revenue outlook.