--- title: "Sector Update: Consumer Stocks Mixed Tuesday Afternoon" type: "News" locale: "en" url: "https://longbridge.com/en/news/286139159.md" description: "Consumer stocks showed mixed performance on Tuesday, with the Consumer Staples ETF rising 1.9% and the Consumer Discretionary ETF falling 1.4%. Redbook reported a 9.6% increase in same-store sales year-over-year. EBay rejected GameStop's $55.5 billion acquisition proposal, with EBay shares up 1.1% and GameStop down 0.7%. Wendy's shares surged 17% amid potential take-private bid news, while Sea reported Q1 revenue exceeding estimates, leading to a 13% share increase." datetime: "2026-05-12T17:43:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286139159.md) - [en](https://longbridge.com/en/news/286139159.md) - [zh-HK](https://longbridge.com/zh-HK/news/286139159.md) --- # Sector Update: Consumer Stocks Mixed Tuesday Afternoon 01:43 PM EDT, 05/12/2026 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 1.4%. In sector news, Redbook US same-store sales rose by 9.6% from a year earlier in the week ended May 9 after a 7.8% year-over-year increase in the previous week. Redbook noted higher sales of seasonal products including clothing, footwear and outdoor goods due to rising temperature and graduation sales. In corporate news, EBay ( EBAY ) rejected video game retailer GameStop's ( GME ) proposal to acquire the e-commerce company in what would have been a $55.5 billion deal. GameStop ( GME ) shares were down 0.7%, and EBay ( EBAY ) rose 1.1%. Wendy's (WEN) shares jumped 17% after the Financial Times reported the company faces a potential take-private bid from Trian Fund Management. Sea (SE) on Tuesday reported Q1 revenue above market estimates as the Shopee parent saw growth across all core business segments. Its shares climbed 13%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [EBAY.US](https://longbridge.com/en/quote/EBAY.US.md) - [WEN.US](https://longbridge.com/en/quote/WEN.US.md) - [SE.US](https://longbridge.com/en/quote/SE.US.md) - [EATZ.US](https://longbridge.com/en/quote/EATZ.US.md) - [GMEU.US](https://longbridge.com/en/quote/GMEU.US.md) - [IYK.US](https://longbridge.com/en/quote/IYK.US.md) - [KXI.US](https://longbridge.com/en/quote/KXI.US.md) - [VDC.US](https://longbridge.com/en/quote/VDC.US.md) - [XLP.US](https://longbridge.com/en/quote/XLP.US.md) - [XLY.US](https://longbridge.com/en/quote/XLY.US.md) - [GME.US](https://longbridge.com/en/quote/GME.US.md) - [GME+.US](https://longbridge.com/en/quote/GME+.US.md) ## Related News & Research - [GameStop (GME) CEO Ryan Cohen Pushes Ahead with eBay Takeover Plan after $56B Offer Rejected](https://longbridge.com/en/news/286301337.md) - [GameStop CEO Ryan Cohen Wants eBay, Says He'll Do 'Whatever' It Takes](https://longbridge.com/en/news/286303126.md) - [Clorox to Present at dbAccess Global Consumer Conference | CLX Stock News](https://longbridge.com/en/news/286310721.md) - [BREAKINGVIEWS-EBay’s buyout rebuff opens a bigger opportunity](https://longbridge.com/en/news/286452478.md) - [Ryan Cohen says eBay directors should not dismiss his proposal without engaging on its substance](https://longbridge.com/en/news/286327131.md)