01:55 PM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) little changed, paring earlier losses.

In corporate news, Tapestry (TPR) issued a full-year earnings outlook below Wall Street's estimates amid tariff-related costs, even as fiscal Q4 results beat expectations. The stock fell 14%.

Advance Auto Parts ( AAP ) shares dropped 7.1% after the company cut fiscal full-year earnings guidance.

VinFast Auto ( VFS ) will spin off its indirect unit. Novatech Research and Development. from its direct unit, VinFast Trading and Production, and then sell it to the Vietnamese electric car maker's chief executive officer, Pham Nhat Vuong, in a deal valued at $1.52 billion. VinFast shares shed 1.4%.