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Sector Update: Consumer Stocks Fall Pre-Bell Friday
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Sector Update: Consumer Stocks Fall Pre-Bell Friday
Mar 21, 2025 6:30 AM

09:10 AM EDT, 03/21/2025 (MT Newswires) -- Consumer stocks fell pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was 0.1% lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was down 0.9% recently.

NIKE ( NKE ) shares fell by more than 8% after the company reported lower fiscal Q3 earnings and revenue.

Lennar ( LEN ) shares were down more than 5% after the company reported a decline in fiscal Q1 adjusted net income.

MINISO Group Holding ( MNSO ) shares fell past 6% even after the company reported higher Q4 adjusted earnings and revenue.

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