The consumer staples sector has been generally weak over the past few quarters due to a difficult consumer spending environment that emanated from slow job growth and tightened credit availability. In addition, difficult operating conditions in Europe and a slowdown in some major emerging countries threatened growth.
Most of the large consumer staples stocks have somehow managed to increase their earnings on the back of cost controls, innovation, acquisitions and share buybacks, but only a few have been able to deliver impressive top-line growth – thus signaling a lack of real growth...............................................Full Article: Source
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