Consumer companies were flat amid signs that spending was shifting to discounted items and staples from discretionary items.
Kroger shares surged after the supermarket chain forecast sales growth, saying rising prices at restaurants and consumer worries about tariffs have buoyed prospects for grocery stores.
CarMax shares rose after the secondhand car dealer logged higher profit and sales in its fiscal first quarter as the company sold more cars, despite slightly lower prices.
Shares of Darden Restaurants were flat after it posted slightly better-than-expected sales while earnings edged down a touch in its latest quarter. Home Depot made an offer for building-products distributor GMS, kicking off a potential bidding war between the home-improvement giant and serial dealmaker Brad Jacobs.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
06-20-25 1742ET
