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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
Jul 14, 2025 1:04 PM

03:45 PM EDT, 07/14/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) little changed and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 0.2%.

In corporate news, Domino's Pizza's (DPZ) US comparable sales are expected to accelerate in the second half of 2025, supported by key initiatives, potentially driving an upside for the stock, UBS Securities said in a Monday note. Domino's shares rose 1.6%.

Starbucks ( SBUX ) will require corporate employees to work four days a week in the office, up from the current three-day policy, effective at the start of the fiscal year that begins in October. Starbucks ( SBUX ) shares fell 1.5%.

Kenvue ( KVUE ) appointed an interim chief executive officer and is reviewing alternatives, including optimizing its brand portfolio. The shares gained 2.6%.

Tesla (TSLA) CEO Elon Musk said he doesn't support a potential merger between the electric vehicle maker and his startup xAI, which owns the Grok generative AI chatbot. Tesla shares rose 0.9%.

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