03:57 PM EDT, 03/26/2026 (MT Newswires) -- Consumer stocks declined late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.6%.

In corporate news, Tesla (TSLA) said Thursday that it is expected to deliver 365,645 vehicles in Q1, according to a consensus of sell-side analysts it compiled. Its shares were down 3.3%.

Hertz (HTZ) and Avis Budget ( CAR ) shares surged Thursday amid the ongoing turmoil at US airports due to Transportation Security Administration staffing strains. Hertz shares gained 8.7%, and Avis jumped past 14%.

Olaplex ( OLPX ) shares surged past 51% after the company said it has agreed to be acquired by Germany's Henkel in a roughly $1.4 billion deal.

Levi Strauss (LEVI) could deliver a modest Q1 sales and earnings beat, though the company may remain cautious on its full-year outlook amid macro uncertainty, UBS Securities said in a Thursday note. Levi Strauss shares fell 1.1%.