Is Sendas Distribuidora (ASAIY) Outperforming Other Consumer Discretionary Stocks This Year?

Group 1 - Sendas Distribuidora S.A. Sponsored ADR (ASAIY) is part of the Consumer Discretionary sector, which is currently ranked 10 within the Zacks Sector Rank [2] - The Zacks Rank system indicates that ASAIY has a strong buy rating with a Zacks Rank of 1, suggesting positive earnings estimates and revisions [3] - ASAIY's full-year earnings consensus estimate has increased by 27% in the past quarter, indicating improved analyst sentiment and a positive earnings outlook [4] Group 2 - Year-to-date, ASAIY has increased by approximately 94%, significantly outperforming the average gain of 8.3% in the Consumer Discretionary sector [4] - ASAIY belongs to the Consumer Products - Discretionary industry, which is currently ranked 60 in the Zacks Industry Rank, and this industry has seen a decline of about 9.7% this year [6] - In comparison, another stock in the Consumer Discretionary sector, Bilibili (BILI), has also outperformed with a year-to-date increase of 23.9% and a strong buy rating [5][7]