Consumer shares were mixed pre-bell Wednesday, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% higher recently.

Signet Jewelers (SIG) shares rose 17% after the company reported fiscal Q4 adjusted earnings and total sales that topped analysts' estimates.

General Mills (GIS) shares fell 4.4% after the company reported lower fiscal Q3 adjusted earnings and net sales.

Nexxen International (NEXN) is expanding its partnership with Fox's (FOX) ad-supported Tubi streaming service to include the UK. Nexxen shares were down 1.3% and Fox shares were up 2.8%.