03:48 PM EST, 01/15/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 2.6%.

In corporate news, Netflix ( NFLX ) is poised for subscriber growth, driven by the success of Squid Game season 2, live events including the National Football League Christmas games and the full 2025 content slate, Oppenheimer said. Netflix ( NFLX ) shares gained 2.6%.

Beacon Roofing Supply ( BECN ) shares jumped 7.8% after QXO (QXO) announced a $11 billion takeover offer, and Beacon rejected the bid. QXO shares fell 2%.

Boot Barn ( BOOT ) is poised to benefit from secular trends within the Western wear category and has the potential to drive 20% per-share earnings growth in fiscal 2026, BofA Securities said. Boot Barn ( BOOT ) shares rose 0.9%.

Deere (DE) faces a lawsuit from the US Federal Trade Commission and the states of Illinois and Minnesota for allegedly driving up repair costs for farmers and depriving them of the ability to make timely repairs on important farming equipment. Deere shares shed 0.4%.