01:53 PM EST, 11/04/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.5%.

In sector news, Redbook US same-store sales rose by 5.7% from a year earlier in the week ended Nov. 1 after a 5.2% year-over-year increase in the previous week. Redbook noted higher customer traffic and sales due to an increase in demand for Halloween items. However, the holiday on Friday disrupted shopping patterns by diverting customers away from retail stores.

In corporate news, Tesla (TSLA) shareholder Norges Bank Investment Management has decided to vote against the proposed $1 trillion compensation package for the electric vehicle maker's chief executive, Elon Musk, citing various concerns. Tesla shares fell 4.5%.

Starbucks ( SBUX ) agreed to sell a majority stake in its retail operations in China to Boyu Capital as part of a joint venture agreement between the coffee giant and the Chinese private equity firm. Starbucks ( SBUX ) shares were down 3.3%.

American Airlines ( AAL ) is cutting hundreds of corporate jobs following its Q3 loss, Bloomberg reported Tuesday. American Airlines ( AAL ) shares dropped 5.5%.

Uber's ( UBER ) Q3 results exceeded market estimates as trips grew by more than 20%, although the ride hailing company issued a bookings outlook that implied a sequential slowdown in annual growth at the mid-point of the range. Its shares retreated 5.7%.