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Sector Update: Consumer
Aug 12, 2025 12:42 PM

03:19 PM EDT, 08/12/2025 (MT Newswires) -- Consumer stocks were higher late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%.

Redbook US same-store sales rose 5.7% from a year earlier in the week ended Aug. 9 after a 6.5% year-over-year increase in the previous week.

In corporate news, On (ONON) posted stronger-than-expected Q2 sales, prompting the Swiss sneaker maker to raise its full-year guidance. Its shares jumped past 8%.

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