2026년 2월 8일 · Unknown · financial · 출처 Seeking Alpha
The consumer staples sector drew attention this week as Wall Street digested quarterly results from companies including PepsiCo (PEP [https://seekingalpha.com/symbol/PEP]) and Philip Morris (PM [https://seekingalpha.com/symbol/PM]).
Nine S&P 500 consumer staples companies reported quarterly results this week, out of which seven surpassed earnings expectations. On the revenue front, six topped Wall Street estimates, while Philip Morris came in below forecasts.
The consumer staple sector has gained [https://seekingalpha.com/symbol/XLP/charting?interval=YTD] 12.33% so far this year, compared to the broader S&P500 index that fell 0.69% in the same period.
Below are the latest quarterly reports from top companies from the sector this week:
PepsiCo (PEP [https://seekingalpha.com/symbol/PEP]) beat [https://seekingalpha.com/news/4546050-pepsico-non-gaap-eps-of-2_26-beats-by-0_02-revenue-of-29_34b-beats-by-370m] fourth-quarter earnings estimates, helped by improved beverage performance and international strength. The company posted non-GAAP earnings of $2.26 per share, beating expectations by $0.02, on revenue of $29.34 billion, which topped forecasts by $370 million. Beverage volume rose 1%, and operating profit increased [https://seekingalpha.com/news/4546077-pepsico-tops-expectations-after-lowering-some-beverage-prices] 13% on a constant-currency basis, led by PepsiCo Beverages North America and EMEA, while organic sales edged past estimates on 5% growth in the Europe, Middle East and Africa segment.
The results were partly offset by continued pressure in North American food. Food volumes fell 2% in the quarter, and PepsiCo Foods North America posted a 1% organic sales decline, as management said lower-income consumers remain [https://seekingalpha.com/news/4546358-pepsico-outlines-double-digit-frito-lay-shelf-space-gains-and-accelerated-north-america] “stretched and choiceful.”
The company reaffirmed its full-year outlook and said it expects to return about $8.9 billion to shareholders, including [https://seekingalpha.com/news/4546057-pepsico-raises-annual-dividend-by-4-to-592-announces-10b-buyback] a 4% dividend increase and a new $10 billion share repurchase program.
Philip Morris (PM [https://seekingalpha.com/symbol/PM]) reported mixed fourth-quarter results [https://seekingalpha.com/news/4548462-philip-morris-non-gaap-eps-of-1_70-in-line-revenue-of-10_36b-misses-by-40m], with non-GAAP EPS of $1.70 in line with expectations, while revenue of $10.36 billion missed estimates by $40 million. Performance was supported by strength in smoke-free products [https://seekingalpha.com/news/4548512-philip-morris-lifts-profit-outlook-on-smoke-free-growth-but-underwhelms-in-q4], which delivered 12% net revenue growth in the quarter and now account for nearly half of total sales, helping lift adjusted profit 9.7% from a year earlier. Revenue rose 6.7% year over year, supported by gains in smokeless products and steady demand for combustible products, including record Marlboro category share.
The company raised its full-year 2026 profit outlook to $8.38 to $8.53 per share, above prior guidance, citing continued momentum in its smoke-free products. Morris said the outlook assumes organic net revenue growth of 5% to 7%, though the revenue range remains below current market expectations.
Mondelez (MDLZ [https://seekingalpha.com/symbol/MDLZ]) beat fourth-quarter earnings estimates, helped by strong execution across key markets and improved cocoa cost coverage. The company posted [https://seekingalpha.com/news/4546645-mondelez-non-gaap-eps-of-0_72-beats-by-0_02-revenue-of-10_5b-beats-by-210m] non-GAAP earnings of $0.72 per share, beating estimates by $0.02, on revenue of $10.5 billion, which topped forecasts by $210 million. Revenue rose 9.4% from a year earlier, as management pointed to solid performance across emerging markets and parts of Europe, alongside continued momentum from innovation and brand initiatives.
Looking ahead, Mondelez struck a cautious tone amid cocoa price volatility [https://seekingalpha.com/news/4546759-mondelez-signals-chocolate-margin-recovery-in-2027-amid-shifting-cocoa-costs-and-increased]. The company forecast 2026 organic net revenue growth of flat to 2% and adjusted EPS growth of flat to 5% on a constant-currency basis, citing near-term cost headwinds from inventory accounting and softer biscuit demand in the U.S.
Management said recent declines in cocoa prices could create short-term pressure and competitive responses, but added that current price levels improve visibility for chocolate margin recovery in 2027 as the company steps up brand and advertising investment.
Overall, about 77% of S&P 500 consumer staples companies that have reported results so far this quarter have posted an EPS beat, while 23% missed expectations. On the revenue front, roughly 65% of companies topped Wall Street estimates, while 35% fell short.
For the upcoming week, The Coca-Cola Company (KO [https://seekingalpha.com/symbol/KO]) and The Kraft Heinz Company (KHC [https://seekingalpha.com/symbol/KHC]) are among the key names from the consumer staples sector scheduled to report their quarterly results.
This week, consumer staples stocks outperformed the broader market during the period, with the Consumer Staples Select Sector SPDR Fund ETF (XLP:NYSEARCA) rising about 2.86% for the week, compared with a roughly 2.6% decline in the broader SPDR S&P 500 ETF Trust (SPY [https://seekingalpha.com/symbol/SPY]).
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