Sector Update: Consumer Stocks Mixed Friday Afternoon

MT Newswires Live
Sep 13, 2025

Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.

The University of Michigan's preliminary consumer sentiment index declined to 55.4 in September from 58.2 in August, missing the 58.0 estimate compiled by Bloomberg.

In corporate news, RH (RH) shares fell 4.5% after the home furnishing retailer lowered its full-year revenue growth outlook amid persistent tariff-related uncertainties, while its fiscal Q2 results came in below market expectations.

Paramount Skydance (PSKY) is preparing a majority offer backed by the Ellison family for Warner Bros. Discovery (WBD), according to media reports Thursday. Warner Bros. shares surged past 18%, and Paramount shares spiked 4%.

Lululemon Athletica (LULU) shares dropped 3.4% after BofA Securities cut its price target on the company to $185 from $210 while maintaining its neutral rating.

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