03:54 PM EST, 11/14/2025 (MT Newswires) -- Consumer stocks were lower late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%.
In corporate news, StubHub's ( STUB ) decision to withhold financial guidance has only added to uncertainty around its potential growth drivers in the near term, BofA Securities said in a note emailed Friday. The brokerage downgraded its rating on the StubHub ( STUB ) stock to neutral from buy and trimmed its price objective to $19 from $25. StubHub ( STUB ) shares tumbled 22%.
Topgolf Callaway Brands ( MODG ) shares jumped 7% after The Wall Street Journal reported the company is in talks to sell its Topgolf unit to private equity firm Leonard Green.
Walmart ( WMT ) said Friday that Doug McMillon will retire as chief executive of the retail giant at the end of January, with John Furner, the head of its US operations and a long-time company executive, set to succeed him. Walmart ( WMT ) shares were down 0.3%.
Under Armour ( UAA ) has ended its long-term partnership with professional basketball player Stephen Curry amid an expanded restructuring plan, while the sports apparel and footwear company lifted its full-year adjusted operating income outlook. Its shares dropped 2.8%.