03:56 PM EDT, 08/13/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

In corporate news, Crocs ( CROX ) shares climbed 6.6%. WIT Partners Advisory disclosed Tuesday it holds a 5.2% stake in the footwear company, according to a regulatory filing.

Walmart ( WMT ) is expanding its 10% employee discount to include almost all grocery items, media outlets reported, citing a company letter to staff. Walmart ( WMT ) shares fell 2.5%.

Gildan Activewear ( GIL ) agreed to buy Hanesbrands ( HBI ) for $2.2 billion in cash and stock. Gildan shares jumped 12%, and Hanesbrands ( HBI ) added 4.3%.

Madison Square Garden Entertainment ( MSGE ) swung to a fiscal Q4 loss amid a slump in event-related revenue. The shares fell 8.3%.