03:21 PM EST, 12/04/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.7%.

In corporate news, Hormel Foods' ( HRL ) Q4 earnings remained flat on an annual basis as sales decreased, while the food maker said it is planning to deliver "quality earnings growth" in the ongoing fiscal year. Hormel shares added 0.4%.