01:59 PM EDT, 05/29/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%.

In corporate news, Tesla (TSLA) Chief Executive Elon Musk said he's leaving the Department of Government Efficiency. Musk also said Tesla will deliver the first self-driving Model Y vehicle in June from "factory to customer." Tesla shares rose 0.4%.

Best Buy ( BBY ) lowered its full-year outlook due to the impact of tariffs, while the electronics retailer's fiscal Q1 revenue fell more than market expectations. Its shares fell past 8%.

Burlington Stores' ( BURL ) fiscal Q1 earnings topped market estimates, while Chief Executive Michael O'Sullivan expressed confidence that the company can offset tariff-related headwinds at current levels. Its shares were still down over 4%.