financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
May 26, 2025 12:46 PM

01:21 PM EDT, 05/22/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.5%.

In corporate news, Ralph Lauren ( RL ) reported better-than-expected fiscal Q4 results and projected revenue growth in the ongoing fiscal year, while Chief Financial Officer Justin Picicci said the luxury apparel maker is assessing pricing actions to offset the potential impact of tariffs. Its shares rose 1.1%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Comfort Systems USA Insider Sold Shares Worth $1,294,989, According to a Recent SEC Filing
Comfort Systems USA Insider Sold Shares Worth $1,294,989, According to a Recent SEC Filing
May 26, 2025
09:34 AM EDT, 05/09/2025 (MT Newswires) -- Darcy Anderson, Director, on May 07, 2025, sold 3,000 shares in Comfort Systems USA ( FIX ) for $1,294,989. Following the Form 4 filing with the SEC, Anderson has control over a total of 34,193 common shares of the company, with 34,193 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1035983/000141588925012422/xslF345X05/form4-05092025_010522.xml Price: 443.16, Change: +4.01, Percent...
Update: Market Chatter: Nvidia to Launch Downgraded H20 AI Chip in China Amid Export Curbs
Update: Market Chatter: Nvidia to Launch Downgraded H20 AI Chip in China Amid Export Curbs
May 26, 2025
09:41 AM EDT, 05/09/2025 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response to comment request in the last paragraph.) Nvidia ( NVDA ) plans to release a reduced-performance version of its H20 AI chip for China by July, following US export restrictions on the original model, Reuters reported, citing three unnamed sources familiar with the matter. According to...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Comfort Systems USA Insider Sold Shares Worth $6,474,875, According to a Recent SEC Filing
Comfort Systems USA Insider Sold Shares Worth $6,474,875, According to a Recent SEC Filing
May 26, 2025
09:34 AM EDT, 05/09/2025 (MT Newswires) -- Brian E. Lane, Director, President/Chief Executive Officer, on May 07, 2025, sold 15,000 shares in Comfort Systems USA ( FIX ) for $6,474,875. Following the Form 4 filing with the SEC, Lane has control over a total of 198,046 common shares of the company, with 198,046 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1035983/000141588925012425/xslF345X05/form4-05092025_010555.xml Price:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved