5 Top Performing Consumer Staples Stocks in January

3. The Estee Lauder Companies Inc. (NYSE:EL)

Year to Date Performance as of January 31: 11.68%

Number of Hedge Fund Holders: 52

The Estee Lauder Companies Inc. (NYSE:EL) has been one of the best performing consumer staples companies in January with its stock surging 11.68% for the month. For first quarter fiscal 2023, the leading cosmetics products maker’s organic net sales decreased 5% and adjusted diluted EPS declined by 24% in constant currency. Nevertheless, the company expects growth to gradually resume in the second half of fiscal 2023. 52 hedge funds in our database owned shares of The Estee Lauder Companies Inc. (NYSE:EL) at the end of Q3.