01:33 PM EDT, 03/17/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.
In corporate news, PepsiCo ( PEP ) announced plans on Monday to buy prebiotic soda brand Poppi for $1.95 billion as the beverage and snacks giant looks to expand its portfolio to include health-focused products. PepsiCo ( PEP ) shares rose 1.8%.