01:33 PM EST, 11/13/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.2%.

In corporate news, Walt Disney ( DIS ) fiscal Q4 revenue unexpectedly decreased year-over-year amid declines in its entertainment segment, although the company projects earnings will grow by double digits for its current and subsequent fiscal years. Its shares were falling 7.9%.

Verizon (VZ) plans to reduce its workforce by about 15,000 jobs, the largest number of cuts ever implemented by the carrier, The Wall Street Journal reported. Verizon shares rose 1.6%.

Spectrum Brands' ( SPB ) fiscal Q4 earnings surged past market expectations, although sales fell short of estimates amid continuous softness in the home and personal care category, as well as in pet care. Spectrum shares gained nearly 15%.