03:47 PM EST, 11/06/2025 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) losing 2%.

In corporate news, Tapestry (TPR) issued a weak outlook for the key holiday quarter, overshadowing the luxury fashion company's strong Q1 results that prompted a full-year guidance increase. The stock dropped 8.5%.

CarMax ( KMX ) named board member David McCreight as interim president and chief executive officer, succeeding Bill Nash, who is stepping down effective Dec. 1. CarMax ( KMX ) expects Q3 net earnings per diluted share of $0.18 to $0.36, including $0.09 of nonrecurring expenses related to the leadership change and workforce reductions. CarMax ( KMX ) shares tumbled 24%.

DoorDash ( DASH ) shares slumped 18%, a day after the food delivery company reported Q3 earnings that missed market expectations.

Peloton (PTON) is recalling about 833,000 units of its Peloton Original Series Bike+ after receiving three reports of seat posts breaking and detaching during use, including two cases that resulted in injuries from falls, the US Consumer Product Safety Commission said. Peloton shares retreated 6%.

Ford (F) executives are considering scrapping the electric-vehicle model of its F-150 pickup truck, the Wall Street Journal reported. Ford shares rose 0.6%.