<div id="readability-page-1">03:53 PM EDT, 05/15/2026 (MT Newswires) -- Consumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.7%.In corporate news, Canada Goose (GOOS) may struggle to generate meaningful upside in the coming quarters as weak revenue growth and macro uncertainty continue to cloud the outlook, UBS said in a note. Canada Goose shares were down 2.8%.Starbucks ( SBUX ) said it will cut 300 US support jobs as the coffee giant consolidates regional offices to reduce costs and streamline operations. Its shares were up 0.7%.Magnum Ice Cream ( MICC ) shares jumped past 10% after Reuters reported that Blackstone (BX) and Clayton, Dubilier &amp; Rice are in the early stages of considering bids for the company.Walt Disney's ( DIS ) co-owned JioStar, an Indian entertainment joint venture with Reliance, is suing rival Zee Entertainment over allegations it broadcast Bollywood films that JioStar has rights to without authorization, Reuters reported. Disney ( DIS ) shares were down 2.5%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

MICC

EATZ

Consumer stocks declined late Friday, with the State Street Consumer Staples ETF down 0.3% and the Consumer Discretionary ETF falling 1.7%. Canada Goose shares dropped 2.8% amid weak revenue growth. Starbucks announced a cut of 300 US jobs, with shares up 0.7%. Magnum Ice Cream shares surged over 10% as Blackstone and Clayton, Dubilier & Rice consider bids. Disney's JioStar is suing Zee Entertainment, leading to a 2.5% drop in Disney shares.

Fidelity

Magnum Ice Cream NV/The

ISHRS S&Pp Glb Cons Staple

SPDR S&P Retail ETF

VG Consumer Stap

SPDR FD Consumer Discretionary

iShares US Consumer Staples ETF

Invesco Leisure & ENT ETF

iShares US Consumer Discretionary ETF

AdvisorShares Restaurant ETF

SPDR FD Consumer Staples

Canada Goose

UBS Group AG

Starbucks

Blackstone

Disney

Sector Update: Consumer Stocks Softer Late Afternoon