Group 1 - Coca-Cola European (CCEP) is outperforming the Consumer Staples sector with a year-to-date return of 19.2%, compared to the sector's average return of 7.4% [4] - CCEP is ranked 2 (Buy) in the Zacks Rank system, indicating a favorable earnings outlook and improving analyst sentiment, with a 4.9% increase in the full-year earnings estimate [3][4] - The Beverages - Soft drinks industry, which includes CCEP, has gained about 8.3% year-to-date, showing that CCEP is performing better than its industry peers [6] Group 2 - BJ's Wholesale Club (BJ) is another strong performer in the Consumer Staples sector, with a year-to-date return of 25% and a Zacks Rank of 2 (Buy) [5][7] - The Consumer Products - Staples industry, which includes BJ, has only moved +1.8% since the beginning of the year, indicating that BJ is also outperforming its industry [7]
Is Coca-Cola Europacific Partners (CCEP) Outperforming Other Consumer Staples Stocks This Year?