03:57 PM EDT, 05/20/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.6%.
Redbook US same-store sales rose by 5.4% from a year earlier in the week ended May 17 after a 5.8% year-over-year increase in the previous week.
In corporate news, Tesla (TSLA) Chief Executive Elon Musk said the company will have robotaxis on the roads in Austin, Texas, by the end of June, CNBC reported Tuesday, citing an interview. Tesla shares were rising 0.9%.
Levi Strauss (LEVI) has agreed to sell its Dockers brand to Authentic Brands Group for $311 million and up to $80 million in potential future performance-based payments, the companies said Tuesday. Levi Strauss shares rose 1%.
Home Depot ( HD ) reiterated its full-year outlook on Tuesday as the home improvement retailer recorded better-than-expected fiscal Q1 sales amid continued consumer spending on smaller projects. Its shares were down 0.8%.
Paramount's (PARA) efforts to settle President Donald Trump's lawsuit against its CBS News unit have caused several US senators to seek information about possible violations of a federal bribery statute in connection with the company's desire to complete a merger with Skydance Media, The Wall Street Journal reported. Paramount shares were up 0.7%.