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Sector Update: Consumer
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Sector Update: Consumer
Jun 30, 2025 1:11 PM

03:31 PM EDT, 06/30/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%.

In corporate news, Crocs' ( CROX ) fiscal 2025 earnings are likely to take a hit from weak US wholesale revenue amid a worsening macro backdrop, BofA Securities said Monday in a note. BofA trimmed its price target on Crocs ( CROX ) to $135 from $140, while reiterating its buy recommendation given the stock's "attractive" risk-reward profile. Crocs ( CROX ) shares were down 2.1%.

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