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3 Consumer Staples Stocks For Steadier Returns If The Economy Stays Soft

Simply Wall St·08/07/2026 17:38:02
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With the latest US jobs report showing a loss of 23,000 positions in July and wage growth trailing inflation at 3.2%, investors are suddenly rethinking where to find resilience if the economy stays soft and interest rate hikes remain less likely. That shift has put fresh attention on steadier corners of the market. This article walks through three consumer staples stocks from our screener that appear relatively well positioned in light of this news.

The three stocks that follow are just a starting sample, and the full defensive consumer staples screen highlighted 23 more companies with equally compelling stories that are not covered here. If you want to go straight to the source and identify your own defensive ideas, analyze the results, and focus on what stands out, head straight to the Defensive Consumer Staples screener.

Molson Coors Beverage (TAP)

Overview: Molson Coors Beverage is a global brewer and drinks company that sells beer, hard seltzers, flavored malt beverages, spirits, ready to drink cocktails and selected non alcoholic drinks such as mixers and energy drinks across the Americas, Europe, the Middle East, Africa and Asia Pacific.

Market Cap: US$7.9b

Molson Coors Beverage sits at the center of the defensive consumer staples theme, with a wide portfolio spanning Coors, Miller, Peroni, Blue Moon and a growing mix of premium, non beer and ready to drink brands. These products tend to see steadier demand when the jobs market softens. The company is working through weak core beer volumes and high input cost swings, yet is still generating enough cash to fund dividends, buybacks and its Horizon 2030 refresh, which includes higher margin brands and efficiency projects. Recent Q2 2026 results, solid progress on cost savings and index inclusion indicate that the business remains active in the market. However, high debt and questions around dividend coverage mean investors may want to look closely at the balance between resilience and risk.

Molson Coors Beverage is leaning into higher margin brands while still carrying meaningful debt and dividend questions, so the real story sits in the details of its 3 key rewards and 2 important warning signs

NYSE:TAP P/E Ratio as at Aug 2026
NYSE:TAP P/E Ratio as at Aug 2026

Build your own defensive consumer staples shortlist

Molson Coors Beverage and the two other stocks in this article all surfaced from a single Simply Wall St screen, but the real edge comes from tailoring the filters to what matters most to you. Use our flexible Screener to combine metrics like valuation, balance sheet strength, risks and dividends, or tap into our ready made Investing Ideas for curated starting points.

C&C Group (LSE:CCR)

Overview: C&C Group is a Dublin headquartered drinks company that manufactures and distributes beer, cider, wine, spirits and soft drinks, with well known brands like Tennent’s, Bulmers and Magners supplied to pubs, retailers and hospitality customers across the UK, Ireland and selected international markets.

Operations: C&C Group generates most of its €1.57b revenue from distribution at about €1.26b, with its branded drinks contributing around €309 million, and the bulk of sales coming from Great Britain and Ireland.

Market Cap: £365 million

C&C Group gives you exposure to core beer and cider brands as well as a large on trade distribution network. This setup can look relatively resilient when consumers keep spending on small treats even as wage growth lags inflation and rate hike worries ease. Management is putting money into premium and low or no alcohol ranges and has been returning cash through buybacks and dividends. However, margins remain thin, earnings recently declined and the dividend is not fully covered by profits. With the stock sitting outside major FTSE indices and carrying a high P/E, a key question for some investors is whether brand investment, digital upgrades and efficiency gains will translate into an earnings recovery.

C&C Group’s thin margins, premium push and high P/E raise sharp questions about what the market is really pricing in. Explore how these elements connect in the analysis report for C&C Group

LSE:CCR P/E Ratio as at Aug 2026
LSE:CCR P/E Ratio as at Aug 2026

RLX Technology (RLX)

Overview: RLX Technology develops, manufactures and sells e-vapor and modern oral nicotine products, offering a range of rechargeable and disposable devices under multiple brands across China and selected international markets. It distributes through a mix of local and third party channels, both online and offline, targeting adult smokers who are shifting from traditional cigarettes to alternative nicotine products.

Market Cap: US$2.4b

RLX Technology sits at the crossroads of tobacco and consumer staples, which is why it can appeal if you are looking for defensive exposure that is still tied to a structural shift in nicotine use. The company is participating in the move toward reduced risk products, with recent Q1 2026 revenue of CN¥1,585.82 million and high net margins. However, its dividend is not well covered and return on equity of 6.3% is modest. Regulatory pressure, governance questions and reliance on external funding contribute to the risk profile. For those considering whether the projected earnings growth and analyst views compensate for those concerns, the detailed margins, regulatory environment and valuation picture for RLX warrant closer examination.

RLX Technology’s high margins and exposure to reduced risk products could be masking a deeper shift in the story. See how the detailed analysis report for RLX Technology reshapes the risk reward trade off hiding beneath the headline numbers.

NYSE:RLX Earnings & Revenue History as at Aug 2026
NYSE:RLX Earnings & Revenue History as at Aug 2026

Seeking Fresh Alternatives Beyond Consumer Staples

Fresh opportunities can move from quiet to crowded quickly. Some stocks are building momentum or setting up for a breakout under the radar for now. Consider researching them early instead of waiting.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.