03:50 PM EST, 02/25/2026 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) shedding 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.1%.

In corporate news, Netflix ( NFLX ) Chief Executive Ted Sarandos will visit the White House on Thursday to discuss its bid to buy Warner Bros. Discovery ( WBD ) , Politico reported. It wasn't immediately known if Sarandos would meet with President Donald Trump, the report said. Netflix ( NFLX ) shares jumped past 5%, and Warner was down 0.6%.

Lowe's (LOW) issued a full-year earnings outlook below market estimates on Wednesday amid uncertainty in the home improvement market, even though the company recorded better-than-expected fiscal Q4 results. Its shares fell 5%.

TJX (TJX) offered a full-year outlook below Wall Street's estimates on Wednesday, while the discount retailer recorded fiscal Q4 results above expectations. Its shares were down 1.5%.

Manchester United's ( MANU ) fiscal Q2 revenue dropped year over year amid declines in the commercial and match-day segments, while the company reiterated its full-year guidance. The shares fell 1.9%.