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Sector Update: Consumer
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Sector Update: Consumer
Aug 7, 2025 1:06 PM

03:31 PM EDT, 08/07/2025 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.6%.

In corporate news, Ralph Lauren ( RL ) raised its full-year revenue outlook on Thursday as Q1 results came in stronger than expected, although the company signaled prudence for H2 amid concerns over tariffs. Its shares were down 7%.

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