01:41 PM EST, 02/04/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.8%.

Redbook US same-store sales last week rose 5.7% from a year earlier after a 4.9% increase in the previous week.

In corporate news, PepsiCo's ( PEP ) Q4 earnings topped Wall Street's estimates, while revenue posted a surprise decline amid weakness in the beverage and snacks company's North American businesses. The stock dropped 4.7%.

Estee Lauder ( EL ) shares fell 15% after the company reported lower fiscal Q2 results. The company expects to eliminate 5,800 to 7,000 job roles as part of a restructuring plan.

PVH (PVH) was added to the Chinese Ministry of Commerce's unreliable entity list, the ministry said Tuesday. PVH shares fell 0.9%.