03:27 PM EDT, 08/29/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 1.2%.

The University of Michigan consumer sentiment index was revised lower to 58.2 for August from its preliminary estimate of 58.6, versus expectations for no revision in a survey compiled by Bloomberg.

In corporate news, Kraft Heinz ( KHC ) is moving closer to its plan to break the company into two separate units, The Wall Street Journal reported. Kraft Heinz ( KHC ) shares rose 2.7%.