01:36 PM EST, 02/11/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.7%.

In corporate news, Kraft Heinz ( KHC ) said Wednesday that it paused work related to its planned break-up as the company announced a $600 million investment to drive a recovery in its US business. Its shares rose 0.4%.

E. W. Scripps ( SSP ) shares rose 0.8% after it said Wednesday it has rolled out a transformation plan with the goal of yielding annualized enterprise growth of $125 million to $150 million in EBITDA by 2028.

Shopify ( SHOP ) shares fell 10% after the company reported Q4 net income that declined compared with the same period in 2024.

T-Mobile US ( TMUS ) projected annual growth in service revenue and core profits through 2027, while the wireless network operator reported mixed Q4 results. Its shares rose 2.6%.