Sector Update: Consumer

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Sector Update: Consumer

, MT Newswires - 3:36 PM ET 4/15/2025 US Markets

03:36 PM EDT, 04/15/2025 (MT Newswires) -- Consumer stocks retreated late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

Redbook US same-store sales rose by 6.6% from a year earlier in the week ended April 12 after a 7.2% year-over-year increase in the previous week. Redbook noted satisfactory sales performance especially for the seasonal products and Easter-related items. Consumers are also stocking up as a precaution for the possible uncertainty caused by tariffs, Redbook said.

In corporate news, Walt Disney ( DIS ) is likely to maintain its earnings guidance for the year despite the current macro uncertainty that is weighing on some of its business lines, UBS said in a note emailed Tuesday. UBS said it expects "solid" fiscal Q2 numbers, with revenue rising 4.2% year over year to $23 billion. Disney ( DIS ) shares added 0.6%.

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