08:52 AM EDT, 04/30/2025 (MT Newswires) -- Consumer stocks leaned lower pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.2% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently down 2.3%.
Starbucks ( SBUX ) shares fell nearly 10% after the company reported late Tuesday fiscal Q2 non-GAAP net income and net revenue that missed analysts' expectations.