02:00 PM EDT, 05/02/2025 (MT Newswires) -- Consumer stocks rose Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.9%.

In corporate news, Unilever ( UL ) will invest 30 billion Mexican pesos ($1.53 billion) in Mexico between 2025 and 2028 to boost its production capacity, including 8 billion pesos for a new factory in Nuevo Leon, Reuters reported. Unilever ( UL ) shares rose 0.6%.

Wendy's (WEN) lowered its full-year outlook on Friday, acknowledging that weak consumer trends may persist through the rest of the year. Its shares were adding 1.1%.

FuboTV's ( FUBO ) Q1 loss narrowed more than expected amid revenue growth, but the live-sports streaming company forecast double-digit percentage declines in sales and subscribers for the ongoing three-month period. Its shares dropped past 14%.