01:33 PM EDT, 08/25/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, Keurig Dr Pepper ( KDP ) has agreed to buy Dutch coffee maker JDE Peet's in an all-cash deal worth about 15.7 billion euros ($18.37 billion), with the US beverage company planning to separate into two independent entities after the deal closes. Keurig shares were falling past 9%.

Spirit Aviation's ( FLYY ) Spirit Airlines unit is mulling strategic options after its recent financial restructuring fell short of putting the airline on a sustainable track, The Wall Street Journal reported late Friday. Spirit Aviation ( FLYY ) shares dropped 9.2%.

PDD's (PDD) Q2 earnings fell year over year amid intense competition, but exceeded market views, while the Chinese e-commerce platform flagged near-term profitability challenges as it continues to invest in merchant support measures. PDD shares were easing 0.5%.