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Sector Update: Consumer
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Sector Update: Consumer
May 28, 2025 12:48 PM

03:26 PM EDT, 05/28/2025 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.7%.

Redbook US same-store sales rose by 6.1% from a year earlier in the week ended May 24 after a 5.4% year-over-year increase in the previous week.

In corporate news, Victoria's Secret (VSCO) shares were down more than 7% in recent trading on Wednesday as the company's website remains offline and it said it is working to fully restore operations.

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