01:44 PM EDT, 10/10/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2%.

In corporate news, Levi Strauss (LEVI) shares fell nearly 11% after it issued a downbeat fiscal Q4 profit outlook amid tariff pressures, even as it reported an unexpected rise in Q3 earnings and raised its full-year forecast.

Alibaba ( BABA ) , PDD (PDD) and other key Chinese stocks traded in the US were trending lower Friday afternoon after President Donald Trump said on Truth Social that his administration is considering a "massive increase" in tariffs imposed on Chinese products entering the US. Shares of Alibaba ( BABA ) were down 7.6%, PDD slipped 5.3%, JD.com ( JD ) lost 6.2%, NetEase ( NTES ) fell 2.8%, Baidu ( BIDU ) fell 7.7%, Tencent Music Entertainment ( TME ) was down 3.9%, and XPeng ( XPEV ) dropped 8% in recent trading Friday.

Papa John's (PZZA) is prioritizing India for expansion and is introducing its first majority-vegetarian menu tailored to local tastes, Reuters reported Friday, citing an interview with company Chief Financial Officer Ravi Thanawala. Papa John's shares eased 0.7%.

Bollinger Innovations ( BINI ) shares fell 50% after the company said late Thursday its common stock will start trading on the OTCID market, starting Oct. 13.