03:39 PM EST, 02/28/2025 (MT Newswires) -- Consumer stocks rose late Friday afternoon with both the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.8%.

In corporate news, Walt Disney's ( DIS ) ESPN BET may shut in 2026, just three years after signing a 10-year, $2 billion deal with Penn Entertainment ( PENN ) , the New York Post reported, citing Penn's earnings call. Disney ( DIS ) shares rose 1.7% and Penn gained 4.6%.

Monster Beverage ( MNST ) shares jumped 4.8% after the energy drink company recorded Q4 sales above market expectations, driven by higher prices and growing demand in the US.

Signet Jewelers' ( SIG ) shareholder Select Equity Group has called on the diamond jewelry retailer to assess strategic options, including a sale, saying the company's shares remain undervalued amid "operational missteps." Signet shares popped 5.5%.

Williams-Sonoma ( WSM ) is expected to issue a cautious 2025 outlook when it reports Q4 results next month amid softening demand trends for home furnishings goods, Wedbush Securities said in a Friday client note. Williams-Sonoma ( WSM ) shares were fractionally higher.