03:56 PM EDT, 08/06/2024 (MT Newswires) -- Consumer stocks gained late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) rising 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.7%.

Redbook US same-store sales last week rose 5.1% from a year earlier after a 4.5% increase in the previous week.

In corporate news, Planet Fitness ( PLNT ) shares jumped 6.8% as the company reiterated its full-year outlook after reporting stronger-than-expected increases in Q2 results.

Fox (FOX, FOXA) shares gained 6.6% after the company reported a surprise increase in fiscal Q4 earnings and raised its dividend.

Uber ( UBER ) shares jumped 12% after the company reported stronger-than-expected gains in its Q2 results.

Yum Brands ( YUM ) reported below-forecast Q2 sales as consumers turned more cost-conscious, while earnings fell less than expected. The shares rose 3%.