01:49 PM EDT, 03/11/2025 (MT Newswires) -- Consumer stocks declined Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.

Redbook US same-store sales rose by 5.7% from a year earlier in the week ended March 8, slower than a 6.6% year-over-year increase in the previous week.

In corporate news, Kohl's (KSS) became the latest retailer to offer a downbeat outlook for 2025 as growing uncertainty weighs on consumers in the world's biggest economy. The department store chain's earnings for the ongoing year are projected between $0.10 and $0.60 a share, below the $1.09 EPS projected by three analysts in a FactSet poll. Kohl's shares fell 26%.

Dick's Sporting Goods' (DKS) sales unexpectedly rose in its key holiday quarter while earnings topped market estimates, but the athletic goods retailer issued a weak bottom-line outlook for fiscal 2025 amid a "dynamic" macroeconomic environment. Its shares dropped nearly 7%.

Delta Airlines (DAL) shares fell 8.3%. The company cut its Q1 earnings-per-share guidance on Monday to a range of $0.30 to $0.50 from $0.70 to $1.00 as well as its revenue growth outlook to 3% to 4% from 7% to 9%.