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Sector Update: Consumer
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Sector Update: Consumer
Apr 25, 2024 12:54 PM

03:30 PM EDT, 04/25/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%.

In corporate news, Inter Parfums ( IPAR ) shares plunged more than 10% in recent trading, a day after it reported Q1 net sales of $324 million, up from $312 million a year earlier, but missed the consensus on Capital IQ of $334.2 million.

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