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Closures and safety precautions over the past year definitely created winners and losers in the stock market, and much of that is reversing now that the U.S. is beginning to return to normal. That transition makes it hard for investors to know what to expect from many businesses this year. ...
4 Consumer Stocks To Consider Buying As Summer Nears Consumer stocks have been a mixed bag for investors in the stock market . Of course, the coronavirus pandemic has wreaked havoc on many businesses. As bad as these impacts could be, there are always a few that would outperform...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As the coronavirus pandemic ebbs in the U.S., spring is transitioning into summer for much of the country and that means getting outdoors. This leads us to some promising opportunities for stocks to buy. Given the fact th...
It's already been a great year for Boston Beer (NYSE: SAM) , but things are getting even better. The beer brewer recently raised its aggressive outlook for fiscal 2021 thanks to booming demand for its Truly hard seltzer. While rival seltzer products are flooding the market, Truly is...
Netflix (NASDAQ: NFLX) slides on slowing growth, while Boston Beer (NYSE: SAM) , Chipotle (NYSE: CMG) , and Intuitive Surgical (NASDAQ: ISRG) serve up big earnings. Also, Johnson & Johnson (NYSE: JNJ) reports surprising results but continues to de...
Stanley Black & Decker (SWK) will raise prices as part of its plan to counter higher costs, the company illustrated in its earnings call presentation.In a slide entitled "Commodity Inflation Update" it says steel, resin, base metals, electrical components and batteries are pushing increme...
Investors had some heady expectations for Boston Beer 's (NYSE: SAM) ahead of its first-quarter report. While the beer brewer enjoyed a record 2020 thanks to booming demand for brands like hard seltzer Truly, competitive products seem to be entering the market with each passing week...
Citi drops its rating on Boston Beer (SAM) to Neutral from Buy on its view that the stock is now fully valued. Analyst Wendy Nicholson: "SAM’s stock was up 163% in 2020, making it the best performing consumer staples stock we cover. The stock is up another 29% YTD in 2021 (vs. +11% for...
Shares of craft brewer Boston Beer (NYSE: SAM) popped in the premarket, and initially traded up 8% Friday morning after the maker of Sam Adams beer reported first-quarter earnings Thursday evening. As of 9:45 a.m. EDT, the stock had pared some of those gains, trading almost 3% above...
Cowen keeps a Market Perform rating on Boston Beer Company (SAM) as the firm is cautious on category slowdowns and heightened competition for the beer company. Analyst Vivien Azer: "We view management guidance at risk of being overly optimistic and take our estimates to the low end, looking f...
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2024-07-29 14:38:37 ET Shares of international beer giants Heineken (OTC: HEINY) , Anheuser-Busch InBev (NYSE: BUD) , and Boston Beer (NYSE: SAM) were falling in Monday's trading, down 10.4%, 2.4%, and 3%, respectively, as of 12:38 p.m. ET. These beer giants fell...
2024-07-26 13:21:03 ET Shares of Boston Beer (NYSE: SAM) were moving higher today after the parent of alcohol brands like Sam Adams and Truly hard seltzer posted better-than-expected results in its second-quarter earnings report, even though business continued to decline due to weak...
BOSTON, July 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the second quarter ended June 29, 2024. Key results were: Second Quarter 2024 Summary: Depletions decreased 4% and shipments decreased 6.4% Net revenue of ...