--- title: "Sector Update: Consumer Stocks Higher in Afternoon Trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/285248276.md" description: "Consumer stocks rose on May 5, 2026, with the State Street Consumer Staples and Discretionary ETFs each up 0.5%. Redbook reported a 7.8% increase in same-store sales, driven by warmer weather and Mother's Day promotions. Harley-Davidson shares jumped over 6% after reporting Q1 earnings of $0.22 per share. Ambev shares surged 15% following higher-than-expected Q1 earnings, while Anheuser-Busch InBev shares rose over 9%. Wynn Resorts is considering delaying the opening of its $5.1 billion casino in the UAE due to construction delays, with shares up 2%." datetime: "2026-05-05T17:58:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285248276.md) - [en](https://longbridge.com/en/news/285248276.md) - [zh-HK](https://longbridge.com/zh-HK/news/285248276.md) --- # Sector Update: Consumer Stocks Higher in Afternoon Trading 01:58 PM EDT, 05/05/2026 (MT Newswires) -- Consumer stocks were rising Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each adding about 0.5%. In sector news, Redbook US same-store sales rose by 7.8% from a year earlier in the week ended May 2 after a 7.7% year-over-year increase in the previous week. "Warmer weather and Mother's Day promotions are boosting sales of seasonal clothing and accessories as the day approaches," Redbook said. President Donald Trump expressed his displeasure with Food and Drug Administration Commissioner Marty Makary for taking too long to approve flavored vapes and nicotine products, The Wall Street Journal reported. In corporate news, Harley-Davidson ( HOG ) shares jumped past 6% after it reported Q1 results. The company reported Q1 earnings of $0.22 per diluted share, down from $1.07 a year earlier. Analysts polled by FactSet expected $0.22. Revenue for the quarter was $1.17 billion, down from $1.33 billion a year earlier, but ahead of the FactSet analyst consensus of $1.01 billion. Ambev ( ABEV ) shares surged 15% after it reported higher-than-expected Q1 normalized earnings and net revenue. Anheuser-Busch InBev ( BUD ) shares climbed past 9% after the company reported higher fiscal Q1 underlying earnings and revenue. Wynn Resorts ( WYNN ) is weighing postponing the opening of the $5.1 billion Wynn Al Marjan Island casino resort in the United Arab Emirates amid construction delays due to the Middle East conflict, Bloomberg reported. Wynn shares were up 2%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [BUD.US](https://longbridge.com/en/quote/BUD.US.md) - [ABEV.US](https://longbridge.com/en/quote/ABEV.US.md) - [HOG.US](https://longbridge.com/en/quote/HOG.US.md) - [TAP.US](https://longbridge.com/en/quote/TAP.US.md) - [TAP.A.US](https://longbridge.com/en/quote/TAP.A.US.md) - [IYK.US](https://longbridge.com/en/quote/IYK.US.md) - [XLY.US](https://longbridge.com/en/quote/XLY.US.md) - [KXI.US](https://longbridge.com/en/quote/KXI.US.md) - [XLP.US](https://longbridge.com/en/quote/XLP.US.md) - [VDC.US](https://longbridge.com/en/quote/VDC.US.md) - [FDS.US](https://longbridge.com/en/quote/FDS.US.md) - [WYNN.US](https://longbridge.com/en/quote/WYNN.US.md) ## Related News & Research - [Anheuser-Busch Invests $5 Million in Columbus Brewery, Expands Local Manufacturing Skills Training | BUD Stock News](https://longbridge.com/en/news/286274994.md) - [Corona Global Named Most Valuable Beer Brand in Kantar BrandZ Rankings for Third Consecutive Year | BUD Stock News](https://longbridge.com/en/news/286354348.md) - [Clorox to Present at dbAccess Global Consumer Conference | CLX Stock News](https://longbridge.com/en/news/286310721.md) - [Ambev Appoints New Vice-President of Logistics Effective August 2026](https://longbridge.com/en/news/286977582.md) - [VIRGINIA RETIREMENT SYSTEMS ET Al Sells 261,926 Shares of Molson Coors Beverage Company $TAP](https://longbridge.com/en/news/286407318.md)