03:54 PM EDT, 06/18/2025 (MT Newswires) -- Consumer stocks were rising late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.4%.

In corporate news, Nike ( NKE ) delayed the launch of its new brand with Kim Kardashian's Skims label after production setbacks, Bloomberg reported. Nike ( NKE ) shares were down 0.6%.

Unilever ( UL ) is exploring a sale of its snack brand Graze as part of plans to focus on its personal care and beauty segments, the Financial Times reported. Unilever ( UL ) shares were fractionally lower.

Full House Resorts ( FLL ) shares jumped 14% after the company disclosed in a regulatory filing that Chief Executive Daniel Lee bought more than 276,000 shares.

EU antitrust regulators are set to begin a full-scale probe into Mars' proposed $35.9 billion acquisition of Kellanova ( K ) , Reuters reported Wednesday. Kellanova ( K ) shares were down 1.5%.

Hasbro ( HAS ) shares were adding 0.8%. The company said late Tuesday it laid off about 150 employees, or 3% of its global workforce, as part of a multiyear restructuring plan.