01:45 PM EDT, 08/28/2025 (MT Newswires) -- Consumer stocks fell Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) declining 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Hormel Foods ( HRL ) lowered its full-year earnings outlook after fiscal Q3 earnings unexpectedly declined amid rising commodity input costs. The stock fell past 13%.

Brown-Forman's (BF.A, BF.B) fiscal Q1 revenue topped Wall Street's estimates, while the wine and spirits maker's earnings fell more than expected amid macro headwinds. Its shares dropped over 5%.

Dollar General ( DG ) raised its full-year outlook on Thursday as the discount retailer recorded fiscal Q2 results above market expectations. The shares added 0.6%.