01:58 PM EDT, 09/25/2024 (MT Newswires) -- Consumer stocks were softer Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, KB Home ( KBH ) shares tumbled 5.4% after the homebuilder's fiscal Q3 earnings fell short of consensus estimates while net orders remained flat year over year.

Cintas ( CTAS ) raised its full-year guidance on Wednesday as the uniform supplier reported stronger-than-expected fiscal Q1 results. Its shares rose 1.9%.

Trip.com ( TCOM ) investor Prosus fully sold its stake in the Chinese online travel agency in a $743 million block trade, Bloomberg reported Wednesday. Trip.com ( TCOM ) shares slumped 3.9%.