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Has Dutch Bros (BROS) Outpaced Other Consumer Staples Stocks This Year?

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The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dutch Bros (BROS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Dutch Bros is a member of the Consumer Staples sector. This group includes 194 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Dutch Bros is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for BROS' full-year earnings has moved 6.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that BROS has returned about 10.1% since the start of the calendar year. At the same time, Consumer Staples stocks have lost an average of 1.6%. This means that Dutch Bros is performing better than its sector in terms of year-to-date returns.

One other Consumer Staples stock that has outperformed the sector so far this year is Tyson Foods (TSN - Free Report) . The stock is up 12.3% year-to-date.

For Tyson Foods, the consensus EPS estimate for the current year has increased 21.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Dutch Bros belongs to the Beverages - Soft drinks industry, a group that includes 15 individual stocks and currently sits at #152 in the Zacks Industry Rank. On average, this group has lost an average of 0.7% so far this year, meaning that BROS is performing better in terms of year-to-date returns.

On the other hand, Tyson Foods belongs to the Food - Meat Products industry. This 6-stock industry is currently ranked #22. The industry has moved +3.4% year to date.

Investors interested in the Consumer Staples sector may want to keep a close eye on Dutch Bros and Tyson Foods as they attempt to continue their solid performance.


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