01:30 PM EDT, 03/11/2026 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.3%.

In corporate news, Cintas ( CTAS ) on Wednesday agreed to buy UniFirst ( UNF ) in a cash-and-stock deal worth about $5.5 billion as the uniform supplier aims to expand service capabilities. Cintas ( CTAS ) shares rose 2.5%, and UniFirst ( UNF ) jumped past 7%.

Campbell's (CPB) on Wednesday lowered its full-year guidance after its fiscal Q2 results fell short of expectations amid a slower-than-anticipated recovery in the snacks business. Its shares dropped 4.7%.

Uber ( UBER ) has signed a strategic partnership with Amazon's (AMZN) Zoox to deploy purpose-built Zoox robotaxis on its platform, the companies said. Uber ( UBER ) shares climbed nearly 3%.