01:43 PM EDT, 05/07/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.4%.

In economic news, Redbook US same-store sales jumped 6% from a year earlier in the week ended May 4 after a 5.5% year-over-year increase in the previous week.

In corporate news, Walt Disney ( DIS ) shares tumbled almost 10% after the company said it expects "softer" results from its direct-to-consumer business in Q3, which includes streaming.

Builders FirstSource ( BLDR ) issued a downbeat Q2 sales outlook on Tuesday amid headwinds in the multifamily market, as it recorded mixed results year over year in the preceding three-month period. Its shares plunged 20%.

Several private-equity companies have been considering a buyout of Peloton (PTON), which has recorded 13 consecutive quarters of losses, CNBC reported Tuesday. Peloton surged 16%.