Consumer Discretionary Stocks Surge, Led by Tapestry's 7.95% Gain
Stocks in the Consumer Cellular sector rallied this week, with notable gains from several prominent companies and ETFs. Tapestry (NYSE:TPR) led the pack with a 7.95% climb, while other key players also saw significant increases. Best Buy Co. (NYSE:BBY) recovered from recent losses due to U.S.-China trade concerns, gaining a substantial 13.18%. Mohawk Industries (NYSE:MHK) and Starbucks (NASDAQ:SBUX) also performed well, rising by 8.35% and 8.79% respectively. Airbnb (NASDAQ:ABNB) grew by 6.53%, while Las Vegas Sands (NYSE:LVS) was the only notable decliner, dropping by 2.16%. Notable Consumer Cellular ETFs also saw gains. NYSEARCA:XLY, which tracks the broad Consumer Cellular sector, rose 0.24% in the week ending October 17, outperforming the S&P 500's 0.14% gain. Other ETFs like NYSEARCA:VCR, NYSEARCA:FXD, NYSEARCA:FDIS, NYSEARCA:RSPD, and NYSEARCA:RXI also saw positive movements. In corporate news, Ulta Beauty (NASDAQ:ULTA) appointed Christopher DelOrefice as its next Chief Financial Officer (CFO), effective December 5, 2025. DelOrefice brings extensive experience from his roles at Becton Dickinson and Johnson & Johnson. Despite the Consumer Cellular sector's year-to-date return of 4.49%, which lags behind the S&P 500's 13.30%, this week's performance indicates a strong showing from the sector. Investors will continue to monitor these companies and ETFs for further developments.
