03:41 PM EDT, 08/07/2026 (MT Newswires) -- Consumer stocks were higher late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.6%.

In corporate news, Rockstar Energy founder Russ Savage now holds over 12 million shares of Celsius (CELH), or about 4.7% of the company, and he said the company's chief executive and chief operating officer "need to be fired," CNBC reported Friday, citing an interview with Savage. Celsius shares jumped past 15%.

Airbnb's ( ABNB ) Q2 results topped Wall Street's estimates amid strong demand fueled by the FIFA World Cup. Its shares surged past 16%.

Under Armour ( UAA ) lowered its full-year revenue outlook on Friday amid weak demand in North America and Asia Pacific, while the sportswear maker's fiscal Q1 sales fell short of market estimates. Its shares dropped 4.2%.

Wendy's (WEN) Q2 earnings fell year over year amid weak traffic trends, while the fast-food chain withdrew its full-year outlook as a new leadership team pursues a turnaround plan. Wendy's shares were up 3.4%.