03:26 PM EDT, 08/26/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.1%.
Redbook US same-store sales last week rose by 6.5% from a year earlier following a 5.9% increase in the previous week. Redbook noted higher back-to-school sales in regions where the school year began earlier, especially for apparel and accessories. Some shoppers with lower incomes purchased from large discount stores to avoid price increases due to tariffs, which took effect at the start of August.
In corporate news, Southwest Airlines ( LUV ) shares added 2.6%. The company entered a partnership with EVA Air to expand connections between Asia and US cities, including Los Angeles, San Francisco, Seattle and Chicago.