Consumer stocks were edging higher pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing by 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.

MGM Resorts International's (MGM) BetMGM joint venture with Entain saw a 7% year-on-year increase in Q3 net revenue and is on track to deliver toward the lower end of its 2026 revenue outlook, MGM said. Shares of MGM Resorts International were up 1% premarket.

Albertsons (ACI) stock was down more than 1% after the company reported lower fiscal Q2 adjusted net income and net sales, and said it is no longer providing a fiscal year outlook until it completes a comprehensive business review in Q4.

Domino's Pizza (DPZ) shares were down more than 5% even after the company posted higher fiscal Q3 net income and revenue.