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Sector Update: Consumer Stocks Mixed Tuesday Afternoon
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Sector Update: Consumer Stocks Mixed Tuesday Afternoon
Mar 25, 2025 11:17 AM

01:49 PM EDT, 03/25/2025 (MT Newswires) -- Consumer stocks were mixed in Tuesday afternoon trading with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%.

In economic news, Redbook US same-store sales last week rose by 5.6% from a year earlier after a 5.2% increase in the previous week.

In corporate news, Tesla's (TSLA) market share in Europe decreased in February from a year earlier, Reuters reported Tuesday, citing data from the European Automobile Manufacturers Association. Tesla shares rose 0.1%.

McCormick ( MKC ) reported an unexpected decline in fiscal Q1 earnings, while sales were mostly in line with market estimates as volume gains were offset by foreign-exchange headwinds. The stock gained 0.6%.

UniFirst ( UNF ) shares fell 13%. Cintas ( CTAS ) ended talks with UniFirst ( UNF ) about a potential takeover. Cintas ( CTAS ) shares dropped 0.8%.

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