What are the best household and personal care stocks?

The best household and personal care stocks tend to have well-known brands and reliably pay dividends. As consumer staples companies, they sell products that people keep buying regardless of how the economy is faring. Consumers generally treat household and personal care products as necessities rather than as discretionary items.

How did personal care stocks perform in Q1?

The 13 personal care stocks we track reported a mixed Q1; on average, revenues beat analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 7.5% below consensus. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance.

What happened to personal care stocks in 2024?

The start of 2024 has been a bumpier ride, as the market switches between optimism and pessimism around rate cuts due to mixed inflation data, and while some of the personal care stocks have fared somewhat better than others, they collectively declined, with share prices falling 3.9% on average since the previous earnings results.