Is The Chef's Warehouse (CHEF) Stock Outpacing Its Consumer Staples Peers This Year?

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Chefs' Warehouse (CHEF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Chefs' Warehouse is a member of the Consumer Staples sector. This group includes 178 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Chefs' Warehouse is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for CHEF's full-year earnings has moved 0.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Our latest available data shows that CHEF has returned about 36.7% since the start of the calendar year. Meanwhile, stocks in the Consumer Staples group have gained about 2.2% on average. As we can see, Chefs' Warehouse is performing better than its sector in the calendar year.Another stock in the Consumer Staples sector, Danone (DANOY), has outperformed the sector so far this year. The stock's year-to-date return is 25.2%.Over the past three months, Danone's consensus EPS estimate for the current year has increased 2.4%. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Chefs' Warehouse belongs to the Food - Miscellaneous industry, a group that includes 42 individual stocks and currently sits at #193 in the Zacks Industry Rank. On average, stocks in this group have lost 5.9% this year, meaning that CHEF is performing better in terms of year-to-date returns. Danone is also part of the same industry.Investors with an interest in Consumer Staples stocks should continue to track Chefs' Warehouse and Danone. These stocks will be looking to continue their solid performance.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Chefs' Warehouse, Inc. (CHEF): Free Stock Analysis Report Danone (DANOY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks