Is Danone (DANOY) Stock Outpacing Its Consumer Staples Peers This Year?

Core Insights - Danone (DANOY) is outperforming the Consumer Staples sector with a year-to-date gain of 25.2%, compared to the sector's average return of 7.3% [4] - The Zacks Rank for Danone is 1 (Strong Buy), indicating positive analyst sentiment and an improved earnings outlook, with a 6.4% increase in the consensus estimate for full-year earnings over the past three months [3] - Danone belongs to the Food - Miscellaneous industry, which has an average loss of 0.9% this year, further highlighting Danone's strong performance relative to its peers [6] Industry Overview - The Consumer Staples group consists of 177 companies and currently ranks 8 within the Zacks Sector Rank, which measures the strength of individual sector groups [2] - HF Foods Group Inc. (HFFG) is another stock in the Consumer Staples sector that has shown strong performance, with a year-to-date increase of 24.3% and a Zacks Rank of 2 (Buy) [4][5] - The Food - Miscellaneous industry includes 41 companies and is currently ranked 148 in the Zacks Industry Rank [6]