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
Mar 11, 2026 12:26 AM

01:17 PM EST, 01/12/2026 (MT Newswires) -- Consumer stocks advanced Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increasing 0.4%.

In corporate news, Shake Shack ( SHAK ) on Monday reported preliminary fiscal Q4 sales below market expectations amid unfavorable weather conditions, but the burger chain provided a full-year revenue outlook in line with estimates at the midpoint. Its shares rose 3.5%.

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 >
Congo bans cobalt exports for four months to curb oversupply
Congo bans cobalt exports for four months to curb oversupply
Feb 24, 2025
KINSHASA, Feb 24 (Reuters) - The Democratic Republic of Congo, the world's top producer of cobalt, said on Monday it has temporarily halted the metal's exports to limit its flow on the market because it says it is over-supplied. The ban will be in place for at least four months, the Authority for the Regulation and Control of Strategic Mineral...
Target Could See 'Several Sources' of Tailwinds to Core 2025 Earnings, UBS Says
Target Could See 'Several Sources' of Tailwinds to Core 2025 Earnings, UBS Says
Feb 24, 2025
03:46 PM EST, 02/24/2025 (MT Newswires) -- Target ( TGT ) is expected to see several sources of tailwinds to its core 2025 earnings following a better-than-projected performance in the holiday season, UBS Securities said in a note e-mailed Monday. The brokerage expects the retailer to generate earnings before interest and taxes of $6.19 billion and per-share earnings of $10.18...
Cisco Systems Unusual Options Activity
Cisco Systems Unusual Options Activity
Feb 24, 2025
Deep-pocketed investors have adopted a bullish approach towards Cisco Systems ( CSCO ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CSCO usually suggests something big is about to happen. We gleaned this information...
Aeon to Implement 1-for-72 Reverse Stock Split; Shares Fall
Aeon to Implement 1-for-72 Reverse Stock Split; Shares Fall
Feb 24, 2025
03:48 PM EST, 02/24/2025 (MT Newswires) -- Aeon Biopharma ( AEON ) said Monday it is implementing a one-for-72 reverse stock split of its common stock to comply with NYSE American's minimum share value requirement. The reverse stock split will come into effect starting Wednesday following the board's decision on Feb. 24, Aeon Biopharma ( AEON ) said. No fractional...
Copyright 2023-2026 - www.financetom.com All Rights Reserved