01:50 PM EDT, 05/21/2024 (MT Newswires) -- Consumer stocks were edging up Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally higher.

In economic news, Redbook US same-store sales rose by 5.5% from a year earlier in the week ended May 18 after a 6.3% year-over-year increase in the previous week.

In corporate news, AutoZone ( AZO ) reported mixed fiscal Q3 results, with revenue missing Wall Street expectations amid flat domestic comparable sales. Its shares fell 3.8%.

Macy's (M) lifted its full-year earnings outlook after the department store operator's fiscal Q1 bottom-line topped market expectations. Its shares added 1.5%.

Trump Media & Technology ( DJT ) shares dropped almost 9% in recent trading, a day after it reported a Q1 adjusted loss before interest, tax, depreciation, and amortization of $12.1 million, wider than a $3.63 million loss a year earlier.