---
title: "Sector Update: Consumer Stocks Mixed Late Afternoon"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286149041.md"
description: "Consumer stocks showed mixed performance, with the Consumer Staples ETF rising 1.6% and the Consumer Discretionary ETF falling 1.2%. Redbook reported a 9.6% increase in same-store sales, driven by seasonal products. Under Armour's shares dropped 18% after issuing weak guidance. eBay rejected GameStop's $55.5 billion acquisition proposal, causing GameStop shares to fall 3.2% while eBay rose 2.3%. Wendy's shares surged 17% amid potential take-private bid news, and Sea reported Q1 revenue growth, with shares climbing 13%."
datetime: "2026-05-12T19:58:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286149041.md)
  - [en](https://longbridge.com/en/news/286149041.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286149041.md)
---

# Sector Update: Consumer Stocks Mixed Late Afternoon

03:58 PM EDT, 05/12/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.2%.

In sector news, Redbook US same-store sales last week rose 9.6% from a year earlier after a 7.8% increase in the previous week. Redbook cited higher sales of seasonal products including clothing, footwear and outdoor goods due to warmer temperatures and graduation sales.

In corporate news, Under Armour ( UAA ) issued weaker-than-expected full-year guidance after the sportswear maker's fiscal Q4 adjusted loss narrowed less than analysts anticipated. The shares fell 18%.

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 fell 3.2%, and eBay ( EBAY ) rose 2.3%.

Wendy's (WEN) shares surged 17% after the Financial Times reported the company faces a potential take-private bid from Trian Fund Management.

Sea (SE) reported Q1 revenue above market estimates as the Shopee parent saw growth across all core business segments. The shares climbed 13%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [WEN.US](https://longbridge.com/en/quote/WEN.US.md)
- [UAA.US](https://longbridge.com/en/quote/UAA.US.md)
- [UA.US](https://longbridge.com/en/quote/UA.US.md)
- [GME.US](https://longbridge.com/en/quote/GME.US.md)
- [EBAY.US](https://longbridge.com/en/quote/EBAY.US.md)
- [SE.US](https://longbridge.com/en/quote/SE.US.md)
- [GMEU.US](https://longbridge.com/en/quote/GMEU.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)

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