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Sector Update: Consumer
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Sector Update: Consumer
Jun 3, 2025 10:23 AM

01:14 PM EDT, 06/03/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.3%.

Redbook US same-store sales rose by 4.9% from a year earlier in the week ended May 31 after a 6.1% year-over-year increase in the previous week. Redbook noted that customer traffic increased at the start of the week due to Memorial Day sales.

In corporate news, Dollar General ( DG ) lifted its full-year revenue and same-store sales growth outlook on Tuesday as it recorded better-than-expected fiscal Q1 results, while the discount retailer said tariffs could pressure consumer spending. Its shares jumped 15%.

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