01:46 PM EDT, 10/30/2024 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down fractionally and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.

In corporate news, Wingstop ( WING ) shares (WING) plunged 20% after the fast-food restaurant's Q3 earnings missed forecasts, while Shake Shack ( SHAK ) shares jumped 11% after it delivered a quarterly beat.

V.F. (VFC) unveiled Wednesday its medium-term financial targets, including an adjusted operating margin of at least 10% by fiscal 2028. Its shares popped 4%.

Chefs' Warehouse (CHEF) shares fell 3% after the company reported lower-than-expected Q3 net sales and narrowed its full-year net sales guidance.