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Sector Update: Consumer Stocks Slide Late Afternoon
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Sector Update: Consumer Stocks Slide Late Afternoon
Sep 25, 2025 1:25 PM

03:51 PM EDT, 09/25/2025 (MT Newswires) -- Consumer stocks were lower late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.4%.

In corporate news, PepsiCo ( PEP ) is expected to have a challenging Q3 amid sluggish US trends, softness in some key international regions, and tariff costs, UBS said in a Thursday report. PepsiCo ( PEP ) shares were down 1.5%.

Amazon ( AMZN ) has agreed to pay a $1 billion civil penalty and provide $1.5 billion in customer refunds to resolve allegations by the US Federal Trade Commission that it misled customers into signing up for Prime and intentionally made it difficult to cancel, the regulator said Thursday. Amazon ( AMZN ) shares fell 1.3%.

Starbucks ( SBUX ) shares shed 0.5% after it said Thursday in a regulatory filing that its board has approved a restructuring plan that will close a number of its stores and reduce its non-retail partner roles by about 900.

CarMax ( KMX ) shares tumbled past 19% after the used-vehicle retailer reported an unexpected drop in profit and sales for its fiscal Q2.

KB Home ( KBH ) lowered its full-year housing revenue outlook as the homebuilder aims to maintain a disciplined pricing strategy despite a shortfall in net orders in its fiscal Q3, even though earnings and revenue topped expectations in the period. Its shares were up less than 1%.

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