01:34 PM EDT, 03/28/2025 (MT Newswires) -- Consumer stocks were decreasing Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 3.1%.

In corporate news, Lululemon Athletica ( LULU ) shares fell past 14% after it provided fiscal Q1 outlook below market estimates amid cautious consumer spending, while its Q4 results surpassed expectations.