---
title: "Sector Update: Consumer Stocks Advance in Afternoon Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288758993.md"
description: "Consumer stocks advanced Thursday afternoon, with XLP up 0.1% and XLY gaining 0.4%. Costco rose 1.5% on strong May sales of $24.01 billion. Brown-Forman shares gained despite Q4 earnings decline and flat sales outlook. Toro lifted its full-year forecast following a Q2 beat, adding 1.1%."
datetime: "2026-06-04T17:57:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288758993.md)
  - [en](https://longbridge.com/en/news/288758993.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288758993.md)
generator: "portal-rs"
---

# Sector Update: Consumer Stocks Advance in Afternoon Trading

01:57 PM EDT, 06/04/2026 (MT Newswires) -- Consumer stocks rose Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) edging up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gaining 0.4%.

In corporate news, Costco (COST) shares rose 1.5% after the company reported net sales of $24.01 billion in May, up from $20.97 billion a year earlier.

Brown-Forman's (BF.A, BF.B) fiscal Q4 earnings unexpectedly declined on an annual basis, while the wine and spirits maker projected flat organic sales this year amid a weak consumer backdrop. Its Class A shares were up 0.8%, and the Class B shares rose 1.4%.

Toro (TTC) on Thursday lifted its full-year outlook on the back of a fiscal Q2 beat that came amid broad-based customer demand and margin expansion. Toro shares added 1.1%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [BF.B.US](https://longbridge.com/en/quote/BF.B.US.md)
- [TTC.US](https://longbridge.com/en/quote/TTC.US.md)
- [BF.A.US](https://longbridge.com/en/quote/BF.A.US.md)
- [COST.US](https://longbridge.com/en/quote/COST.US.md)
- [XLY.US](https://longbridge.com/en/quote/XLY.US.md)
- [XLP.US](https://longbridge.com/en/quote/XLP.US.md)

## Related News & Research

- [Pernod Ricard CEO says not in renewed takeover talks with Brown-Forman - report](https://longbridge.com/en/news/297202576.md)
- [The Biggest Players in a $500 Billion Market Are Exiting. Here’s Why Costco Just Entered.](https://longbridge.com/en/news/296526358.md)
- [Instacart partners with Costco to deliver custom cakes, party platters nationwide](https://longbridge.com/en/news/297050475.md)
- [Tractor Supply to speak at Barclays Global Consumer Staples Conference](https://longbridge.com/en/news/297050175.md)
- [Costco Custom Cakes and Party Platters Now Available for Delivery on Instacart | CART Stock News](https://longbridge.com/en/news/297051304.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**