03:25 PM EDT, 06/10/2026 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 2%.

In corporate news, Cracker Barrel Old Country Store ( CBRL ) shares surged 25%. The company reported fiscal Q3 adjusted earnings late Tuesday of $0.29 per diluted share, down from $0.58 a year earlier. Analysts polled by FactSet expected a per-share loss of $0.48. Wells Fargo upgraded the company to overweight from equalweight, and lifted its price target to $50 from $35.

Chewy (CHWY) lowered its full-year sales outlook on Wednesday even though the online pet store company's fiscal Q1 revenue topped market estimates. Its shares fell 2.3%.

Casey's General Stores (CASY) shares jumped past 18% after the convenience store operator recorded better-than-expected fiscal Q4 results.

Cava ( CAVA ) is well-positioned for continued same-store sales growth in the long term amid multiple drivers despite a challenging macroeconomic environment, UBS Securities said. UBS upgraded its rating on the company's stock to buy from neutral and raised its price target to $90 from $85. Cava ( CAVA ) shares climbed 5.4%.