01:14 PM EDT, 08/05/2025 (MT Newswires) -- Consumer stocks were higher Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.

Redbook US same-store sales rose by 6.5% from a year earlier in the week ended Aug. 2 after a 4.9% year-over-year increase in the previous week. Redbook noted sales accelerated as customers took benefit of annual tax holidays and promotional sales both online and in stores. However, some retailers were affected by a nationwide boycott which will continue entire month, organized by People's Union USA.

In corporate news, Molson Coors Beverage ( TAP/A ) shares rose 2% after the company reported Q2 adjusted earnings and revenue above analysts' estimates.