3 Consumer Staples Stocks to Avoid

Consumer staple stocks, often seen as safe bets, have underperformed lately, losing about thirteen and a half percent over the past six months. We delve into three specific stocks facing challenges: Beyond Meat, Kraft Heinz, and Zevia. Beyond Meat, a plant-based protein pioneer, has seen falling unit sales and a shrinking free cash flow margin. Kraft Heinz, a packaged foods giant, has experienced declining unit sales and a decrease in efficiency. Zevia, a healthier beverage company, has struggled with flat sales and poor expense management.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.