Are Consumer Discretionary Stocks Lagging Dolby Laboratories (DLB) This Year?

Company Overview - Dolby Laboratories (DLB) is currently ranked 2 (Buy) in the Zacks Rank system, indicating a favorable outlook for the stock [3] - The Zacks Consensus Estimate for DLB's full-year earnings has increased by 1.1% over the past quarter, reflecting improved analyst sentiment [4] Performance Analysis - DLB has returned 2.3% year-to-date, outperforming the Consumer Discretionary sector, which has seen an average return of -5% [4] - In comparison, Fox Corporation (FOX) has returned 10.5% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5] Industry Context - Dolby Laboratories is part of the Audio Video Production industry, which is currently ranked 10 in the Zacks Industry Rank, with an average loss of 5.2% this year [6] - The Broadcast Radio and Television industry, to which Fox Corporation belongs, is ranked 68 and has seen a positive return of +4.8% year-to-date [6]