01:48 PM EDT, 08/01/2025 (MT Newswires) -- Consumer stocks were mixed in Friday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.7%.

In corporate news, Colgate-Palmolive's ( CL ) Q2 results unexpectedly increased on an annual basis despite challenging market conditions, while the consumer products company reiterated its full-year earnings and net sales growth outlook. Its shares were down 1%.

Columbia Sportswear ( COLM ) shares fell past 14% after UBS Securities lowered its price target on the stock to $40 from $45 and affirmed its sell rating following "lackluster" Q2 results.

Toyota Motor ( TM ) told suppliers it plans to increase its 2025 global production to 10 million vehicles, backed by strong hybrid sales trends despite US tariff impact concerns, Nikkei Asia reported. Toyota ( TM ) shares were fractionally lower.