01:05 PM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks were lower Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.4%.

In corporate news, Tapestry (TPR) issued a full-year earnings outlook below Wall Street's estimates on Thursday amid tariff-related impact, even though the luxury fashion company's fiscal Q4 results beat expectations. Its shares fell about 15%.