01:36 PM EDT, 03/19/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.8%.

In corporate news, General Mills ( GIS ) lowered its full-year outlook and reported fiscal Q3 revenue below expectations as the Cheerios and Dunkaroos maker faced inventory headwinds and a slowdown in snacking categories in the US. Its shares fell 2%.