Company Performance - Heineken NV has returned approximately 20.8% since the start of the calendar year, significantly outperforming the average return of 5% for Consumer Staples companies [4] - The Zacks Consensus Estimate for Heineken NV's full-year earnings has increased by 1% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Comparison - Heineken NV is part of the Beverages - Alcohol industry, which consists of 19 companies and currently ranks 195 in the Zacks Industry Rank. The average return for this group is 4% this year, showing that Heineken NV is performing better than its industry peers [5] - In contrast, the Cosmetics industry, which includes Nu Skin Enterprises, has seen a decline of 17.8% since the beginning of the year, highlighting the relative strength of Heineken NV within the Consumer Staples sector [6] Zacks Rank - Heineken NV holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the broader market in the near term [3] - The Zacks Rank system emphasizes earnings estimates and revisions, which have positively influenced Heineken NV's stock performance [3]
Are Consumer Staples Stocks Lagging Heineken (HEINY) This Year?