08:56 AM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund (XLP) marginally advancing and The Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.6%.
Tapestry (TPR) shares were nearly 12% lower after the company issued guidance for fiscal 2026 non-GAAP earnings below analysts' expectations. Tapestry said the outlook includes "negative impact of incremental tariffs and duties" of more than $0.60.