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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
May 26, 2025 4:33 AM

03:55 PM EDT, 05/08/2025 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.4%.

In economic news, the UK said it secured the first trade deal with the US, with the agreement covering industries like UK steel and British carmakers.

In corporate news, Groupon ( GRPN ) shares surged 41%, a day after the company posted a surprise Q1 GAAP profit.

Potbelly (PBPB) shares jumped 19% in recent trading, a day after it reported Q1 results that topped analyst expectations.

Papa John's International (PZZA) affirmed its guidance for a rebound in system-wide sales this year as the pizza restaurant operator's Q1 revenue surpassed analysts' views. Its shares popped 16%.

Restaurant Brands International's (QSR) Q1 results rose year over year, but missed Wall Street's estimates as same-store sales declined at Popeyes, Burger King and Tim Hortons. Its shares were down 0.4%.

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