01:35 PM EST, 02/20/2025 (MT Newswires) -- Consumer stocks were declining Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.4%.

In corporate news, Walmart ( WMT ) issued a full-year earnings outlook below market estimates on Thursday amid uncertain consumer behavior and geopolitical conditions, while it recorded better-than-expected fiscal Q4 results. Its shares dropped 6.5%.