01:35 PM EDT, 09/11/2025 (MT Newswires) -- Consumer stocks rose Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing 1.8%.

In corporate news, Kroger ( KR ) shares rose 1.6%. The company raised its full-year guidance for identical sales growth as the metric topped market estimates in fiscal Q2, while earnings exceeded expectations.

Celsius Holdings ( CELH ) shares jumped 4% after Goldman Sachs started coverage of the company at buy with a $72 price target.

Starbucks' ( SBUX ) plan to sell a majority stake in its China operations has drawn interest from global investment firms Carlyle and EQT, as well as regional companies HongShan Capital and Boyu Capital, Reuters reported. Starbucks ( SBUX ) shares eased 0.1%.