01:42 PM EST, 02/05/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

In corporate news, Walt Disney's ( DIS ) fiscal Q1 results topped market expectations amid entertainment business strength, while the company recorded a sequential decline in Disney+ subscribers. The shares fell 1.7%.

Uber ( UBER ) issued a downbeat Q1 gross bookings outlook despite reporting a surprise increase in earnings in Q4. The stock dropped 7.1%.

Mattel ( MAT ) shares jumped 15% after a series of positive analyst actions as the company's Q4 earnings and revenue beat estimates by analysts, and 2025 guidance topped forecasts.