01:25 PM EDT, 09/05/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, lululemon athletica (LULU) shares tumbled past 18% after the company lowered its full-year earnings and revenue outlook following a drop in fiscal Q2 net income.

Tesla's (TSLA) board proposed a new compensation package potentially worth about $1 trillion for Chief Executive Elon Musk that would boost his voting power in the electric vehicle maker, a provision Wedbush Securities said is "critical" to retain him. Tesla shares gained 3.7%.

ABM Industries' ( ABM ) fiscal Q3 earnings unexpectedly declined year over year, while the facility solution provider recorded revenue above market estimates. Its shares shed 0.8%.