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Sector Update: Consumer Stocks Advance Late Afternoon
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Sector Update: Consumer Stocks Advance Late Afternoon
Apr 6, 2026 1:03 PM

03:51 PM EDT, 04/06/2026 (MT Newswires) -- Consumer stocks rose late Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) gaining 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.7%.

In corporate news, McDonald's (MCD) is likely set up for same-store sales growth upside this year, buoyed by its value strategy and a beverage initiative, Oppenheimer said. McDonald's shares gained 1%.

Boot Barn ( BOOT ) shares jumped 9.2% after Jefferies upgraded the stock to buy from hold with a price target of $195.

AMC Entertainment ( AMC ) shares climbed 12% after the company reported its highest combined global admissions and food and beverage revenue ever for the five-day Easter weekend, with more than 6 million guests attending its US theaters and international Odeon cinema locations from Wednesday to Sunday.

Albertsons' ( ACI ) adjusted earnings before interest, taxes, depreciation, and amortization are expected to exceed market expectations in fiscal Q4, despite softening grocery industry trends, RBC Capital Markets said. Albertsons ( ACI ) shares added 2.7%.

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