03:57 PM EDT, 10/01/2024 (MT Newswires) -- Consumer stocks were lower late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

Redbook US same-store sales rose 5.3% from a year earlier in the week ended Sept. 28 after a 4.4% year-over-year increase in the previous week.

In corporate news, Sony's ( SONY ) music label will buy the rights to Pink Floyd's music for $400 million, the Financial Times reported. Sony ( SONY ) shares added 0.4%.

United Natural Foods ( UNFI ) shares surged 31%. The company said it swung to a fiscal Q4 adjusted profit as net sales increased.

McCormick ( MKC ) lifted its full-year adjusted earnings outlook as the spices and seasonings producer logged better-than-expected fiscal Q3 results. Its shares popped 3%.

PepsiCo ( PEP ) shares added 1% after it agreed to buy Garza Food Ventures, which does business as Siete Foods, for $1.2 billion.