03:47 PM EDT, 03/28/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%.

In corporate news, MillerKnoll ( MLKN ) shares plunged 19% following the company's fiscal Q3 results as sales slowed more than the forecast and guidance for the next quarter missed market expectations.

RH (RH) shares jumped 19% after the company's fiscal year revenue growth guidance prompted price target increases by analysts.

Estee Lauder ( EL ) shares rose 6% after BofA Securities upgraded the company to buy from neutral and raised its price target to $170 from $160.

Home Depot ( HD ) told investors that it expects to take on $12.5 billion in debt to help finance its planned acquisition of SRS Distribution, a building-products distributor. Home Depot ( HD ) shares shed 0.6%.