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
Oct 7, 2025 10:31 AM

01:11 PM EDT, 10/07/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) retreating 1.1%.

In corporate news, McCormick ( MKC ) lowered its full-year earnings outlook on Tuesday amid rising commodity costs and incremental tariffs, even though the spices and seasonings producer reported fiscal Q3 results above analyst estimates. Its shares fell 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 >
Marqeta Opens Office in Warsaw, Poland
Marqeta Opens Office in Warsaw, Poland
Jun 5, 2024
08:33 AM EDT, 06/05/2024 (MT Newswires) -- Marqeta ( MQ ) said Wednesday it opened a new office in Warsaw, Poland, to support the expansion of its services in Europe. The card issuing platform operator said it has started hiring employees in Warsaw and will continue to recruit throughout the year. The company's shares were up 2.6% in recent Wednesday...
Ollie's Bargain Outlet's Fiscal Q1 Adjusted Earnings, Revenue Increase; Raises Guidance; Shares Rise Pre-Bell
Ollie's Bargain Outlet's Fiscal Q1 Adjusted Earnings, Revenue Increase; Raises Guidance; Shares Rise Pre-Bell
Jun 5, 2024
08:31 AM EDT, 06/05/2024 (MT Newswires) -- Ollie's Bargain Outlet Holdings (OLLI) reported fiscal Q1 adjusted earnings Wednesday of $0.73 per diluted share, compared with $0.49 a year earlier. Analysts surveyed by Capital IQ expected $0.65. Revenue for the quarter ended May 4 was $508.8 million, compared with $459.2 million a year earlier. Analysts surveyed by Capital IQ expected $506.2...
Two Cogent Communications Units Plan $300 Million Unregistered Senior Unsecured Notes Offering
Two Cogent Communications Units Plan $300 Million Unregistered Senior Unsecured Notes Offering
Jun 5, 2024
08:30 AM EDT, 06/05/2024 (MT Newswires) -- Cogent Communications Holdings ( CCOI ) said Wednesday its Cogent Communications Group and Cogent Finance units intend to launch an unregistered offering of $300 million of 7.000% senior unsecured notes due 2027 to qualified institutional buyers. The company said Cogent Communications Group plans to use about $110 million of the net proceeds from...
Update: HanesBrands to Sell Champion Business to Authentic Brands Group
Update: HanesBrands to Sell Champion Business to Authentic Brands Group
Jun 5, 2024
08:33 AM EDT, 06/05/2024 (MT Newswires) -- (Updates with additional details from the third paragraph.) HanesBrands ( HBI ) said Wednesday it has agreed to sell certain operating assets and intellectual property of its global Champion business to Authentic Brands Group, with the deal valued at $1.2 billion. The deal value could reach up to $1.5 billion via additional cash...
Copyright 2023-2026 - www.financetom.com All Rights Reserved