Consumer stocks were mixed premarket Tuesday, with The Consumer Staples Select Sector SPDR Fund (XLP) 0.5% higher and The Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.1%.

Lifeway Foods (LWAY) said its board has responded to a recent letter sent by investor Danone North America reaffirming that it rejected Danone's unsolicited takeover offer for the company because it "severely undervalues" Lifeway. Lifeway Foods shares were more than 1% lower pre-bell.

Miniso Group Holding (MNSO) shares were up nearly 3%, swinging from a fall of more than 12% on Monday, when it announced that it expects to raise $550 million through an offering of equity-linked securities maturing in 2032.

McDonald's (MCD) is rolling back some of its policies on increasing diversity and minority representation in its business operations, according to a note sent to franchisees, employees and suppliers Monday. McDonald's shares were up 0.2% in recent Tuesday premarket activity.