03:45 PM EDT, 04/23/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.3%.

Redbook US same-store sales in the week ended April 20 rose 5.3% from a year earlier after a 4.9% increase in the previous week.

In corporate news, Goldman Sachs ( GS ) is in talks with private credit lenders seeking $250 million of capital to improve Beyond Meat's ( BYND ) liquidity, Bloomberg reported Tuesday. Beyond Meat ( BYND ) shares fell 0.7%.

LKQ's (LKQ) Q1 adjusted earnings fell more than the market anticipated, while the growth in its sales missed expectations. Its shares plunged 15.1%.

PepsiCo ( PEP ) reported better-than-expected fiscal Q1 results aided by price increases, even though certain product recalls weighed substantially on the company's Quaker Foods business in North America. Its shares dropped 2.6%.

JetBlue Airways ( JBLU ) revised down its full-year revenue guidance to reflect elevated industry capacity in its Latin region while the airline's Q1 results came in better than expected. Its shares sank 19.2%.