03:17 PM EDT, 07/22/2025 (MT Newswires) -- Consumer stocks were rising late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing 1%.

Redbook US same-store sales climbed 5.1% from a year earlier in the week ended July 19 after a 5.2% increase in the previous week.

In corporate news, Philip Morris International ( PM ) issued a Q3 earnings outlook below Wall Street's estimates on Tuesday, while the tobacco company's revenue in the previous three-month period fell short of expectations. Its shares were falling past 7%.