03:56 PM EDT, 06/27/2025 (MT Newswires) -- Consumer stocks rose late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.5%.

In corporate news, Tyson Foods ( TSN ) union workers at a beef processing plant in Amarillo, Texas, voted to authorize a strike for higher wages and improved benefits. "This facility is essential to the beef supply chain," said Al Brito, Teamsters Local 577 president. Tyson shares were up 0.4%.

Molson Coors Beverage ( TAP/A ) may struggle to meet prior expectations as the US beer industry continues to decline below historic trends and the company's market share losses persist, BofA Securities said in a note Friday. BofA downgraded the company's stock rating to neutral from buy and lowered its price objective to $50 from $65. Molson shares were up 0.2%.

Nike ( NKE ) shares jumped more than 15% after the sportswear giant laid out a plan to tackle tariff-related costs such as price increases in the US and reducing Chinese footwear imports, while it recorded better-than-expected fiscal Q4 results.

McDonald's (MCD) is likely to post robust same-store sales in the US in the second half of the year, underpinned by menu innovation and expanded store hours, UBS Securities said Friday. McDonald's shares added 2.2%.