Consumer stocks were flat to higher pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.9% recently.

New Oriental Education & Technology Group (EDU) shares fell by over 15% after the company reported fiscal Q2 non-GAAP net income of $0.22 per diluted American depositary share, down from $0.29 a year earlier.