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Sector Update: Consumer Stocks Lean Lower Premarket Thursday
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Sector Update: Consumer Stocks Lean Lower Premarket Thursday
Aug 14, 2025 6:38 AM

09:21 AM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks were leaning lower premarket Thursday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) declining marginally and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.6%.

Tapestry (TPR) shares were more than 16% 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.

JD.com ( JD ) stock was down 0.5% after the company reported lower Q2 non-GAAP earnings.

Vipshop ( VIPS ) shares were up more than 4% after the company posted higher Q2 non-GAAP earnings.

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