01:18 PM EDT, 08/28/2025 (MT Newswires) -- Consumer stocks fell Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) declining 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Hormel Foods ( HRL ) lowered its full-year earnings outlook after fiscal Q3 earnings unexpectedly declined amid rising commodity input costs. The stock fell 13%.