03:53 PM EDT, 07/30/2024 (MT Newswires) -- Consumer stocks declined late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each shedding 0.6%.

Redbook US same-store sales last week rose 4.5% from a year earlier after a 4.9% increase in the previous week.

In corporate news, JetBlue Airways ( JBLU ) said it's deferring $3 billion of capital expenditures through 2029 to improve cash flow, and the carrier posted a surprise Q2 profit. The stock jumped past 12%.

Amazon.com ( AMZN ) is responsible under US law for more than 400,000 hazardous products being offered on its platform by third parties and should pursue a recall of the sold items, the US Consumer Product Safety Commission said Tuesday. Amazon ( AMZN ) shares were falling 0.7%.

Vista Outdoor ( VSTO ) shares popped 5% after the company said Tuesday its board has started a review of potential alternatives for the company, including a possible sale of its Revelyst unit.

Procter & Gamble's ( PG ) core earnings rose year over year during its fiscal Q4, while revenue fell as pricing and volume gains were offset by forex headwinds. The company's shares were falling 4.9%.