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Sector Update: Consumer
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Sector Update: Consumer
Feb 12, 2025 6:10 AM

08:57 AM EST, 02/12/2025 (MT Newswires) -- Consumer stocks fell pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.7% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently down 0.9%.

Kraft Heinz ( KHC ) shares fell by more than 6% after the company reported a decline in fiscal Q4 adjusted earnings. The company also issued a fiscal 2025 guidance for adjusted earnings per share below analysts' expectations.

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