Are Consumer Staples Stocks Lagging Coca-Cola Europacific Partners (CCEP) This Year?

Group 1: Company Performance - Coca-Cola European (CCEP) has returned 9.7% year-to-date, outperforming the Consumer Staples sector average return of 4.1% [4] - CCEP is part of the Beverages - Soft drinks industry, which has gained about 5.6% so far this year, indicating that CCEP is also performing better than its industry peers [6] - Chefs' Warehouse (CHEF) has significantly outperformed the sector with a year-to-date return of 25.5% [5] Group 2: Rankings and Estimates - The Consumer Staples group, including CCEP, is currently ranked 14 within the Zacks Sector Rank, which evaluates 16 different sector groups [2] - CCEP holds a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook and improving analyst sentiment, as the consensus estimate for its full-year earnings has increased by 0.2% in the past quarter [3][4] - Chefs' Warehouse has a Zacks Rank of 1 (Strong Buy), with a 4.8% increase in its consensus EPS estimate over the past three months [5]