03:44 PM EDT, 04/09/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%.

Redbook US same-store sales in the week ended April 6 jumped 5.4% from a year earlier, following a 5.2% gain in the previous week, due to mild weather and looming prom events.

In company news, Gaucho Group ( VINO ) shares jumped 16% after the company said it will streamline operations and cut costs to yield $1.5 million in expense savings in the next 12 months.

Tilray Brands ( TLRY ) shares tumbled 21% after the cannabis distributor reported weaker-than-expected revenue for fiscal Q3 and tempered earnings expectations for the full year.

Some WW International ( WW ) creditors are preparing to enter into a cooperation deal to act together in case the Weight Watchers parent wants to hold negotiations, Bloomberg reported. WW shares jumped past 7%.

Tesla (TSLA) on Monday settled a liability lawsuit filed by the family of an Apple (AAPL) engineer who died in a crash while using his Tesla vehicle's Autopilot feature, media reports said. Tesla shares gained 1.9%.