03:50 PM EDT, 04/07/2026 (MT Newswires) -- Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 1.7%.

Redbook US same-store sales rose 7.6% from a year earlier in the week ended April 4 after a 6.9% year-over-year increase in the previous week.

In corporate news, Mattel ( MAT ) said Tuesday its President and Chief Commercial Officer Steve Totzke is stepping down from his role on May 1. The company said it has appointed Sanjay Luthra, executive vice president and managing director of EMEA and Global Direct-to-Consumer, to succeed Totzke as chief commercial officer. Mattel ( MAT ) shares were down 0.5%.

Delta Air Lines ( DAL ) shares were shedding 0.7% after it said it is raising checked bag fees for US flights and some short-haul international routes. The price hikes come after similar moves by United Airlines (UAL) and JetBlue Airways (JBLU) amid higher jet fuel prices, Reuters reported.

Sony Group's ( SONY ) Sony Pictures Entertainment is planning to lay off hundreds of workers across its film, TV and corporate divisions as part of an effort to restructure its operations, Variety reported. Sony Group ( SONY ) shares were up 0.4%.

Estee Lauder ( EL ) and Puig are holding talks in New York this week to negotiate the possible integration of the two companies, Expansion reported Tuesday, citing several market sources. Estee Lauder ( EL ) shares fell 2.9%.