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Sector Update: Consumer
Aug 14, 2024 1:17 PM

03:31 PM EDT, 08/14/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, Brinker International ( EAT ) shares tumbled past 10%. The company on Wednesday outlined a fiscal 2025 earnings outlook range that missed Wall Street's estimates at the midpoint after its Q4 bottom line didn't rise as much as expected.

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