03:26 PM EDT, 07/15/2025 (MT Newswires) -- Consumer stocks fell late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 1.3%.

Redbook US same-store sales rose by 5.2% from a year earlier in the week ended July 12 after a 5.9% year-over-year increase in the previous week. Redbook said that retailers began promotional events in an effort to compete with Amazon's Prime Day event, lifting purchases of essentials and back-to-school items. However, storms impacted traffic in the South and flooding led to store closures in Texas.

In corporate news, Six Flags Entertainment ( FUN ) is expected to report a "disappointing" Q2 amid weaker foot traffic at most parks due to weather impacts, UBS said in a note. UBS reiterated a buy rating on the stock and cut its price target to $40 per share from $49. Six Flags shares fell past 4%.