**Consumer Staples Show Strong Performance in Q2**
Darling Ingredients Inc. (DAR) and Newell Brands Inc. (NWL) both posted strong quarterly earnings that exceeded expectations, positioning them as attractive investments within the consumer staples sector. Darling Ingredients reported a Q2 adjusted net income of $387.3 million, a significant jump from $12.7 million year-over-year, leading to adjusted earnings of $2.41 per share, surpassing estimates by 66%. Newell Brands showcased a 78% rise in adjusted net income to $180 million for its fiscal third quarter, translating to adjusted EPS of $0.42, beating expectations by 121%.
For Darling, quarterly sales rose 16% to $1.72 billion, while adjusted EBITDA nearly tripled to $741.7 million. The company aims for third-quarter core ingredients adjusted EBITDA of $325 million-$340 million. Meanwhile, Newell Brands trades at $6 per share, with an attractive forward P/E multiple of 11X and offers a 4.4% annual dividend yield, well above the S&P 500’s average. Both companies have received a Zacks Rank #1 (Strong Buy), indicating robust investor interest based on improving fundamentals.
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