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Sector Update: Consumer Stocks Softer in Late Afternoon Trading
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Sector Update: Consumer Stocks Softer in Late Afternoon Trading
Aug 14, 2025 1:07 PM

03:44 PM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Peloton Interactive ( PTON ) is planning to upgrade its products with new hardware, accessories and artificial intelligence, Bloomberg reported. Peloton shares fell 1.4%.

Airbnb ( ABNB ) will allow US travelers to book eligible domestic stays without an upfront payment. The shares rose 0.1%.

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 15%.

Advance Auto Parts ( AAP ) shares dropped 7.3% after the company cut fiscal full-year earnings guidance.

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