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Sector Update: Consumer
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Sector Update: Consumer
Nov 7, 2025 12:44 PM

03:26 PM EST, 11/07/2025 (MT Newswires) -- Consumer stocks advanced late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) edging up 0.1%.

In corporate news, proxy advisory firm Egan-Jones recommended that Cracker Barrel (CBRL) shareholders vote against five incumbent directors, including Chief Executive Officer Julie Masino and Chairman Carl Berquist, ahead of the company's Nov. 20 annual meeting, according to a statement from Biglari Capital. Cracker Barrel shares rose 2.5%.

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