01:47 PM EDT, 07/16/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally lower.

In sector news, President Donald Trump told reporters Wednesday at the White House that he will send letters to over 150 countries informing them of US tariff rates, according to media reports.

In corporate news, Walt Disney ( DIS ) is likely to post double-digit earnings growth in fiscal Q3 on the back of strong demand at parks and improvement in direct-to-consumer segment profitability, UBS said in a Tuesday research note. Disney ( DIS ) shares advanced 0.5%.

United Natural Foods ( UNFI ) shares jumped past 8% after it raised its fiscal 2025 net sales outlook.

Estee Lauder ( EL ) is planning a digital push amid the emergence of AI to drive sales growth and boost margins, The Wall Street Journal reported Wednesday, citing an interview with CEO Stephane de La Faverie. Its shares added 0.4%.

Diageo ( DEO ) said Debra Crew has stepped down as chief executive and board director by mutual agreement, effective immediately. Diageo ( DEO ) shares were rising 1.6%.