03:49 PM EDT, 09/03/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%.

In economic news, Redbook US same-store sales last week rose 6.5% from a year ago, matching the rise in the previous week.

US consumers are looking to scale back holiday purchases this year due to higher prices, with Gen Z shoppers leading the planned pullback, PwC said in a report. Holiday spending is expected to decline by 5% annually to $1,552 on average, marking "the first noteworthy dip" since the pandemic began in 2020, PwC said.

In corporate news, Campbell's (CPB) shares gained 6.8% after the packaged food company's fiscal Q4 earnings topped Wall Street estimates, even as sales volume declined. Tariff-related headwinds will likely intensify this year, Campbell's said.

Macy's (M) raised its full-year outlook on Wednesday as the department store operator reported fiscal Q2 results above market expectations. Macy's shares jumped nearly 20%.

Dollar Tree ( DLTR ) reported better-than-expected fiscal Q2 results and lifted its full-year outlook, but the discount retailer provided an earnings outlook below market estimates for the Q3 period. Its shares fell more than 8%.

Unilever ( UL ) Chief Executive Fernando Fernandez plans to replace a quarter of the company's top 200 managers following a performance review as part of a broad restructuring, Bloomberg reported, citing the CEO at a conference. Unilever ( UL ) added 0.9%.