Consumer Stocks Falter in AI’s Stock Market With Earnings on Tap

For all the stock market records notched in 2025, there’s one class of stock that’s lagging far behind: purveyors of consumer products. Investors are bracing for more pain as a host of the largest companies deliver earnings reports this week.

Clothing makers, restaurant operators and shoe sellers have suffered with the likes of Lululemon Athetica Inc., Chipotle Mexican Grill Inc. and Deckers Outdoor Corp. all down more than 45% this year. Sellers of pantry staples, booze and toilet paper are also lagging, with Brown-Forman Corp., Hormel Foods Corp. and Target Corp. off at least 27%.