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
Jun 4, 2025 10:55 AM

01:22 PM EDT, 06/04/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally higher.

In corporate news, Dollar Tree ( DLTR ) forecast an earnings decline of up to 50% for the current quarter amid the impact of tariffs, taking the shine off better-than-expected fiscal Q1 results. Its shares dropped nearly 7%.

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 >
ASML to Stop Reporting Quarterly Bookings, CFO Says
ASML to Stop Reporting Quarterly Bookings, CFO Says
Jan 30, 2025
10:51 AM EST, 01/30/2025 (MT Newswires) -- ASML Holding ( ASML ) will no longer report quarterly bookings starting 2026, Chief Financial Officer Roger Dassen said Wednesday, according to a FactSet transcript. We will continue to report bookings on a quarterly basis through 2025, but will no longer report on bookings thereafter, Dassen said on the company's Q4 earnings call,...
Clip Money UP Near 9% As Partners With NYSE's Green Dot to Launch Business Cash Deposit Service in Retail Stores
Clip Money UP Near 9% As Partners With NYSE's Green Dot to Launch Business Cash Deposit Service in Retail Stores
Jan 30, 2025
10:56 AM EST, 01/30/2025 (MT Newswires) -- Clip Money ( CLPMF ) was up near 9% on last look Thursday amid news it is expanding its over-the-counter deposit service for businesses through Green Dot Network locations. Utilizing Green Dot's embedded finance platform (Arc) and money movement network (the Green Dot Network) and Clip Money's ( CLPMF ) cash deposit technology...
Market Chatter: Walmart Canada To Spend $6.5 Billion Over Five Years On New Stores, Sells Fleet Business
Market Chatter: Walmart Canada To Spend $6.5 Billion Over Five Years On New Stores, Sells Fleet Business
Jan 30, 2025
10:50 AM EST, 01/30/2025 (MT Newswires) -- Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores, The Canadian Press is reporting Thursday. It cited the retailer saying the investment is the largest it has made since it entered Canada 30 years ago, but wouldn't say exactly how many locations...
Beam Adds Three Partners to Expand European Sales Network
Beam Adds Three Partners to Expand European Sales Network
Jan 30, 2025
10:48 AM EST, 01/30/2025 (MT Newswires) -- Beam Global ( BEEM ) said Thursday that it has added three new distribution partners to expand its sales network in Europe. The partners are Seltis Glass Design for the Romanian market, Evrosimovski Consulting for the North Macedonian market, and BBA International for the Albanian market, Beam said. Shares of the company were...
Copyright 2023-2026 - www.financetom.com All Rights Reserved