03:20 PM EDT, 05/10/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, Sweetgreen ( SG ) shares surged 34% after the restaurant chain reported stronger-than-expected Q1 revenue late Thursday underpinned by comparable sales momentum that RBC Capital Markets said has continued into Q2.