03:52 PM EDT, 03/27/2025 (MT Newswires) -- Consumer stocks gained late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.7%.

In corporate news, Winnebago Industries ( WGO ) shares jumped past 8%. The company logged better-than-expected fiscal Q2 results, though macro and industry headwinds prompted it to lower its full-year guidance.

Petco Health & Wellness' (WOOF) better-than-expected core profit results and guidance signal "solid" progress on its turnaround efforts, Wedbush said. Petco shares surged 30%.

Tesla (TSLA) will be the carmaker least impacted by Trump's tariffs on car imports, while General Motors ( GM ) and German carmakers will be the most negatively impacted, RBC Capital Markets said. While Ford (F) and Stellantis ( STLA ) may be negatively hit, Tesla could benefit meanwhile, given domestic production and competition from imports into the US, RBC said. Tesla shares rose 2.1%, GM fell 6.8%, Ford dropped 3.3%, and Stellantis ( STLA ) declined 0.7%.

Walmart's ( WMT ) Mexico unit will invest $6 billion in the country this year and plans to create 5,500 jobs, Bloomberg reported. Walmart ( WMT ) shares added 0.9%.