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
Jul 11, 2025 10:06 AM

12:58 PM EDT, 07/11/2025 (MT Newswires) -- Consumer stocks were lower Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, PepsiCo's ( PEP ) Q2 earnings may fall short of market expectations amid sluggish North American sales for both its food and beverage businesses, BofA Securities said in a note. PepsiCo ( PEP ) shares were falling 1.3%.

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 >
W.R. Berkley third-quarter profit rises on investment gains, steady underwriting
W.R. Berkley third-quarter profit rises on investment gains, steady underwriting
Oct 20, 2025
(Reuters) -Commercial insurer W. R. Berkley ( WRB ) reported a rise in third-quarter profit on Monday, boosted by robust investment gains and steady underwriting performance. Resilient consumer spending despite higher borrowing costs has helped sustain insurance demand, as businesses and households continue to prioritize protection against financial risks, accidents, property damage, and natural disasters. The Greenwich, Connecticut-based insurer's net...
Steel Dynamics beats quarterly profit estimates on declining scrap raw material costs
Steel Dynamics beats quarterly profit estimates on declining scrap raw material costs
Oct 20, 2025
Oct 20 (Reuters) - Steel Dynamics ( STLD ) on Monday posted third-quarter profit and revenue above Wall Street estimates, as a decline in the costs of scrap raw material outpaced average pricing at its steelmaking operations. While steel spot and contract pricing momentum from President Donald Trump's tariffs on steel imports is yet to pick up, the U.S. steelmaker...
BrightSpring Health Services Posts Q3 Preliminary Results, Boosts 2025 Revenue Outlook
BrightSpring Health Services Posts Q3 Preliminary Results, Boosts 2025 Revenue Outlook
Oct 20, 2025
05:28 PM EDT, 10/20/2025 (MT Newswires) -- BrightSpring Health Services ( BTSG ) reported Q3 preliminary adjusted earnings late Monday of $0.30 per share, up from $0.03 a year earlier. Analysts polled by FactSet expect $0.28. Preliminary revenue in the three months ended Sept. 30 rose to $3.33 billion from $2.6 billion a year earlier. Analysts surveyed by FactSet expect...
PMET Resources Confirms 'Positive' Feasibility Study for CV5 Lithium Project in Quebec
PMET Resources Confirms 'Positive' Feasibility Study for CV5 Lithium Project in Quebec
Oct 20, 2025
05:27 PM EDT, 10/20/2025 (MT Newswires) -- PMET Resources ( PMETF ) , after trade Monday, released positive results of a lithium-only feasibility study for its wholly owned Shaakichiuwaanaan Property, located in the Eeyou Istchee James Bay region of Quebec. The company said the study supported the construction of a $1.98-billion mining project producing up to 800,000 tonnes of lithium...
Copyright 2023-2026 - www.financetom.com All Rights Reserved