Sector Update: Consumer-February 2024-www.financetom.com

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Sector Update: Consumer

Mar 28, 2025 11:09 AM

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.

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