-- Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.7%.
Redbook US same-store sales rose by 7.7% from a year earlier in the week ended April 25 after a 6.7% year-over-year increase in the previous week, with sales benefitting from an extra selling day this year compared with last year due to the timing of Easter.
In corporate news, United Parcel Service (UPS) maintained its 2026 revenue outlook as the package delivery giant flagged a potential demand impact from the Middle East conflict. Its shares fell 4.8%.
Kimberly-Clark (KMB) reported better-than-expected Q1 results and maintained its full-year outlook Tuesday, but the consumer goods maker flagged potential incremental input cost headwinds of up to $170 million in H2 due to elevated oil prices. Its shares were down 0.4%.
Coca-Cola (KO) lifted its full-year earnings growth outlook on Tuesday as the beverages giant posted fiscal Q1 results above market expectations amid pricing and volume gains. Coca-Cola shares gained 3.7%.
General Motors (GM) raised its full-year earnings outlook and trimmed its tariff hit forecast on Tuesday, as the automaker reported an unexpected year-over-year increase in its Q1 bottom line. GM shares added 0.9%.