01:43 PM EDT, 06/16/2025 (MT Newswires) -- Consumer stocks were rising Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1%.

In corporate news, Coty ( COTY ) shares rose over 7% after trade publication Women's Wear Daily reported Monday that the company was exploring a possible sale.

MGM Resorts International ( MGM ) and Entain's BetMGM venture said it now expects at least $2.6 billion in 2025 net revenue, up from its previous outlook range of $2.4 billion to $2.5 billion. MGM Resorts ( MGM ) shares climbed 8.6%.

Roku ( ROKU ) and Amazon.com's ( AMZN ) Amazon Ads have partnered on an integrated advertising platform for connected television in the US, the companies said Monday. Roku ( ROKU ) shares gained 8%.

Warner Bros. Discovery (WBD) shares increased 5.5% after it said Monday it received necessary approvals from holders of some series of notes to adopt proposed amendments to the indentures governing those notes. The move is part of the company's plan to split into two separate publicly traded companies.

Victoria's Secret (VSCO) shareholder Barington Capital urged the company to "refresh" its board and cancel a shareholder rights plan as part of its proposed action plan for Victoria's Secret to "regain its footing." Victoria's Secret shares rose 3.8%.