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Sector Update: Consumer Stocks Fall in Afternoon Trading
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Sector Update: Consumer Stocks Fall in Afternoon Trading
Sep 25, 2025 11:04 AM

01:30 PM EDT, 09/25/2025 (MT Newswires) -- Consumer stocks were lower Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.

In corporate news, Amazon ( AMZN ) has agreed to pay a $1 billion civil penalty and provide $1.5 billion in customer refunds to resolve allegations by the US Federal Trade Commission that it misled customers into signing up for Prime and intentionally made it difficult to cancel, the regulator said Thursday. Amazon ( AMZN ) shares were down 0.7%.

Starbucks ( SBUX ) shares fell 0.8% after it said Thursday in a regulatory filing that its board has approved a restructuring plan that will close a number of its stores and reduce its non-retail partner roles by about 900.

CarMax ( KMX ) shares tumbled 20% after the used-vehicle retailer reported an unexpected drop in profit and sales for its fiscal Q2.

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