01:51 PM EST, 11/12/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.

Redbook US same-store sales last week rose 4.8% from a year earlier, slower than a 6% increase in the previous week.

In corporate news, Shopify ( SHOP ) shares surged 24% after its Q3 revenue increased more than Wall Street's expectations amid double-digit gross merchandise volume gains.

Tyson Foods ( TSN ) surpassed top- and bottom-line expectations for its fiscal Q4 on Tuesday, while it issued guidance implying a slight cooldown in sales in the new year amid ongoing uncertainties with its beef business. Its shares jumped 7.8%.

Home Depot ( HD ) raised its full-year outlook on Tuesday as weather and demand for seasonal goods and outdoor projects helped the company log Q3 results above market expectations. Its shares still decreased 0.6%.