01:54 PM EDT, 06/20/2025 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, GMS (GMS) shares jumped nearly 25% after QXO (QXO) offered to purchase the building products distributor for roughly $5 billion earlier in the week. Separately, media outlets reported that Home Depot ( HD ) has submitted its own takeover offer for GMS.

Kroger ( KR ) on Friday raised its guidance for identical sales growth for fiscal 2025 after the supermarket chain reported a year-on-year increase in the metric for the first quarter. Its shares jumped past 8%.

CarMax ( KMX ) reported better-than-expected fiscal Q1 results on Friday amid higher sales for used vehicles despite lower prices. Its shares popped past 6%.

Darden Restaurants ( DRI ) on Friday forecast same-store sales growth for the current fiscal year slightly above Wall Street's estimate at the midpoint, while the Olive Garden ( DRI ) parent's Q4 results beat market expectations. Darden shares were down 0.4%.