01:46 PM EST, 12/27/2024 (MT Newswires) -- Consumer stocks were in the red Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.8%.

In corporate news, Lamb Weston ( LW ) shareholder Jana Partners added Jeff Delapp to its slate of nominees for a potential overhaul of the board at the french fry maker. Lamb Weston ( LW ) shares rose 4.2%.

Netflix ( NFLX ) and the National Football League set new records on Christmas Day, attracting almost 65 million US viewers, according to Nielsen data, the streaming company said Thursday. Netflix ( NFLX ) shares fell 2%.

Skechers (SKX) and LL Bean settled a dispute with LL Bean agreeing to stop selling shoes which allegedly infringed on Skechers' designs, Reuters reported. Skechers shares shed 0.9%.