Mission Produce Outperforms Consumer Staples Stocks This Year

Mission Produce (AVO) is outperforming its peers in the Consumer Staples sector this year, with a 12.2% return since the start of the year, compared to an average of 8.1% for the sector. The company's full-year earnings estimate has increased by 13.3% over the past 90 days, signaling improving analyst sentiment and a more positive earnings outlook. Sysco (SYY) is another Consumer Staples stock that has outperformed the sector this year, with a 12.9% year-to-date return.