01:58 PM EST, 01/08/2026 (MT Newswires) -- Consumer stocks were higher Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 2.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.5%.

In corporate news, Constellation Brands ( STZ ) shares jumped 4.6% after the beer and wine company reported better-than-expected fiscal Q3 results and reiterated its full-year outlook.

Simply Good Foods ( SMPL ) shares climbed nearly 9% after the company posted fiscal Q1 adjusted earnings and net sales that exceeded analysts' expectations.

Procter & Gamble ( PG ) has reached an agreement with Texas Attorney General Ken Paxton to ensure that the Crest brand's marketing and packaging depict the recommended amount of fluoride toothpaste for children, the Texas Attorney General's office said. Procter & Gamble ( PG ) shares rose 2.5%.