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Sector Update: Consumer
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Sector Update: Consumer
Mar 19, 2025 12:53 PM

03:39 PM EDT, 03/19/2025 (MT Newswires) -- Consumer stocks were rising late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding less than 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2%.

In corporate news, Ollie's Bargain Outlet (OLLI) shares popped 10%. The company said it expects fiscal 2025 results to increase on an annual basis. Ollie's anticipates adjusted earnings of $3.65 to $3.75 per share for the year ending Jan. 31, 2026. That compares with last year's $3.28, which rose nearly 13% annually.

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