financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Feb 14, 2025 11:06 AM

01:35 PM EST, 02/14/2025 (MT Newswires) -- Consumer stocks were decreasing Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Airbnb's ( ABNB ) shares jumped nearly 15% after it outlined a full-year core earnings margin outlook that analysts said was higher than expected. Late Thursday, the company logged a bigger-than-projected Q4 profit as strong demand propelled revenue above Wall Street's estimates.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Leslie's Fiscal Q4 Adjusted Earnings, Sales Drop; Q1 Outlook Set; Shares Tumble After Hours
Leslie's Fiscal Q4 Adjusted Earnings, Sales Drop; Q1 Outlook Set; Shares Tumble After Hours
Nov 25, 2024
05:27 PM EST, 11/25/2024 (MT Newswires) -- Leslie's (LESL) reported fiscal Q4 adjusted earnings late Monday of $0.02 per diluted share, down from $0.14 a year earlier. Analysts polled by FactSet expected $0.11. Sales in the three months ended Sept. 28 fell to $397.9 million from $432.4 million a year earlier. Analysts surveyed by FactSet expected $405.2 million. For fiscal...
Agora Q3 Net Loss Widens, Sales Declines; Q4 Revenue Outlook Set
Agora Q3 Net Loss Widens, Sales Declines; Q4 Revenue Outlook Set
Nov 25, 2024
05:28 PM EST, 11/25/2024 (MT Newswires) -- Agora (API) reported a Q3 net loss of $0.26 per American depositary share, widening from $0.23 a year earlier. Revenue for the quarter ended Sept. 30 was $31.6 million, down from $35 million a year earlier. The company said it expects Q4 revenue between $34 million and $36 million. Comparable analysts' estimates were...
Clairvest Group Invests in Redstone Food Group
Clairvest Group Invests in Redstone Food Group
Nov 25, 2024
05:27 PM EST, 11/25/2024 (MT Newswires) -- Clairvest Group ( CVTGF ) after close Monday said it and the Clairvest Equity Partners VII fund made a minority equity investment in Redstone Food Group. The investment company said the deal for an undisclosed stake in Redstone is its second partnership in the food & beverage co-packing/private label manufacturing domain. Redstone was...
Enanta Pharmaceuticals Fiscal Q4 Net Loss Widens, Revenue Declines
Enanta Pharmaceuticals Fiscal Q4 Net Loss Widens, Revenue Declines
Nov 25, 2024
05:26 PM EST, 11/25/2024 (MT Newswires) -- Enanta Pharmaceuticals ( ENTA ) late Monday reported a fiscal Q4 net loss of $1.36 per diluted share, compared with $1.33 loss a year earlier. Analysts surveyed by FactSet expected a loss of $1.16. Revenue for the quarter ended Sept. 30 declined to $14.6 million from $18.9 million a year earlier. Analysts polled...
Copyright 2023-2026 - www.financetom.com All Rights Reserved