01:54 PM EST, 11/18/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.2%.
Redbook US same-store sales rose by 6.1% from a year earlier in the week ended Nov. 15 after a 5.9% year-over-year increase in the previous week.
In corporate news, Paramount Skydance ( PSKY ) has formed an investment consortium with the sovereign wealth funds of Qatar, Abu Dhabi and Saudi Arabia to submit a $71 billion offer for Warner Bros. Discovery ( WBD ) , Variety reported. Paramount Skydance ( PSKY ) shares rose 1.4%, and Warner added 3%.
Home Depot's ( HD ) fiscal Q3 earnings unexpectedly decreased year over year amid a lack of storm activity, while the home-improvement retailer lowered its bottom-line outlook for the full year. Its shares fell 4.5%.
Amer Sports ( AS ) lifted its full-year outlook on Tuesday as the company reported higher-than-expected Q3 results, buoyed by double-digit revenue growth across all three of its segments. Its shares surged past 10%.