03:46 PM EST, 11/10/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.3%.
In corporate news, Wendy's (WEN) is grappling with the expected closure of 300 underperforming US franchisee stores and a reduction in advertising spending in 2026, RBC Capital Markets said in a note Monday. RBC cut its price target on Wendy's stock to $9 from $10 and maintained its sector perform rating. Wendy's shares were falling 5.4%.
TreeHouse Foods ( THS ) on Monday agreed to be taken private by a subsidiary of Investindustrial VIII in an all-cash deal with an enterprise value of around $2.9 billion, while the food and beverage company's Q3 earnings declined on a yearly basis. TreeHouse shares jumped past 23%.
Tyson Foods' ( TSN ) fiscal Q4 profit unexpectedly rose year-over-year even as sales grew less than projected amid volume headwinds. Its shares rose 2.5%.
Papa John's International (PZZA) is closing in on a deal worth $65 per share to be taken private, ABC Money reported. Papa John's shares gained more than 7%.