01:33 PM EDT, 03/11/2025 (MT Newswires) -- Consumer stocks declined Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling nearly 2%.

Redbook US same-store sales rose by 5.7% from a year earlier in the week ended March 8, slower than a 6.6% year-over-year increase in the previous week.

In corporate news, Kohl's (KSS) became the latest retailer to offer a downbeat outlook for 2025 as growing uncertainty weighs on consumers in the world's biggest economy. The department store chain's earnings for the ongoing year are projected between $0.10 to $0.60 a share, below the $1.09 EPS projected by three analysts in a FactSet poll. Kohl's shares fell nearly 26%.