01:53 PM EDT, 09/24/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%.

Redbook US same-store sales rose by 4.4% from a year earlier in the week ended Sept. 21, slower than a 4.6% year-over-year increase in the previous week. Redbook noted slower sales as customer traffic reduced, back-to-school sales wind down and fall apparel began selling in retail stores. Apparel sales also remained below expectations.

In corporate news, AutoZone's ( AZO ) fiscal Q4 results increased less than Wall Street's expectations on a yearly basis, while the auto parts retailer's domestic commercial business underperformed analyst estimates. Its shares fell 1.8%.

Marriott ( MAR ) partnered with Sands China, a Las Vegas Sands ( LVS ) subsidiary (LVS), to launch The Luxury Collection brand in Macau. Las Vegas Sands ( LVS ) shares jumped 5.7% and Marriott ( MAR ) added 1.8%.

Paramount (PARA) has started a second round of layoffs as part of a larger plan to slash expenses, according to Tuesday media reports that cited an internal memo. Paramount shares were rising 0.9%.