Top weekly consumer staples gainers/losers: Dollar General tops, Brown-Forman bottoms
2025-06-09 01:05
Wall Street's major averages took home gains on Friday, with the Consumer Staples Select Sector SPDR Fund ETF (XLP) for the week, which holds a 6.31% weightage on the S&P 500, saw a marginal decline in price of 1.15%, where the S&P 500's (SP500) rose 2.10%. However, the sector's year-to-date performance is considerably higher, +3.92%, which is notably below the benchmark S&P 500's (SP500) 2.02%.
Top gainers this week:
- Dollar General (DG) +16.7% after the Co. topped earnings expectations and raised its full-year guidance.
- Dollar Tree (DLTR) +4.7% as the Co. beat on nearly all metrics with sales climbing 11.3%, traffic up 2.5%, average ticket increasing 2.8% and profits rising 2.4%, all pointing to the strength of the Co.’s operations and value to consumers.
- Target (TGT) stock was higher 3.5% for the week.
- The Estée Lauder (EL) +2.3% end higher as it outlines strategies to return to growth in fiscal 2026 with Beauty Reimagined initiatives.
- McCormick (MKC) end 2.1% higher.
Top losers this week:
- Brown-Forman (BF.B) -15.7% as it outlines low single-digit organic net sales decline for fiscal 2026 amid volatile global spirits market.
- Kenvue (KVUE) -8.9% after CEO Thibaut Mongon warned of the challenges in selling seasonal products like allergy medicine and sunscreen, impacting Q2 results.
- Kimberly-Clark (KMB) -7.1% as it announced the creation of a $3.4B joint venture to make tissue products such as toilet paper, napkins, paper towels and facial tissues.
- Bunge Global (BG) ended the week 4.6% lower.
- Constellation Brands (STZ) -3.6% closes its previously announced transaction with The Wine Group to divest primarily mainstream wine brands and associated inventory, facilities, and vineyards from its wine portfolio.
ETFs to tab consumer staples include: (NYSEARCA:VDC), (NYSEARCA:IYK) (NYSEARCA:FSTA), (NYSEARCA:KXI), (NYSEARCA:FXG), (NYSEARCA:RSPS).
More on Consumer Staples Select Sector
- XLP: Consumer Staples Won't Save You This Time
- XLP: A Well-Built Fund That Should Outperform In The Current Economy
- XLP: The Winner Of The Market Rotation
- Consumer staples favorites Kroger and Coca-Cola fall as investors go on the offensive
- May consumer staples gainers/losers: Estée Lauder, Dollar Tree tops, Tyson Foods bottoms