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Despite a dominant global market share and diverse revenue streams, Coca-Cola’s (KO) shares have dipped recently and underperformed since the beginning of the year. Is KO a Buy in the recent dip? Keep reading to find out. Coca-Cola ( KO ) is one of the most popular nonalcoholi...
Boston Beer ([[SAM]] +1.0%) trades slightly higher as investors and analysts digest the company's announcement on a merger with Beam Suntory (STBFY) The partnership will see Beam's Sauza tequila brand utilized with ready-to-drink beverages and Boston Beer's Truly Hard Seltzer used with bottle...
Suntory Beverage & Food successfully increased volumes of core brands during FY12/2020. We believe performance will strengthen post-pandemic. We believe the company's focus on brand renewals, health-orientated products, and M&A will drive growth stronger than consensus forecas...
Luxury goods conglomerate Louis Vuitton Moët Hennessy's ("LVMH") Wines & Spirits division boasts some of the world's most iconic brands. Diageo also benefits, thanks to its 34% stake in the Moët Hennessy JV. Wines & Spirits enjoy very high profitability, making t...
The latest read on Nielsen data is that at-home alcoholic beverage demand is still strong to take some of the pressure off for beverage companies for lost on-premise sales amid the pandemic. Total beverage alcohol dollar sales growth accelerated to 17.5% Y/Y for the week ended September 5 fro...
Nielsen data blazed in strong again for off-premise alcohol sales, per Cowen's Vivien Azer. More news on: Anheuser-Busch InBev SA/NV, The Boston Beer Company, Inc., Brown-Forman Corporation, Consumer stocks news, Read more ...
Over the past 16 weeks, total beverage alcohol sales are up 26.0% Y/Y per Nielsen data, led by spirits (+34.9%) and wine (+29.0%). The demand is showing little signs of tapering off, with total beverage sales up 25.4% for the week ended 6/20. More news on: Anheuser-Busch InBev SA/NV, The B...
The blistering pace of alcohol sales isn't showing any signs of letting up, per fresh Nielsen data. More news on: Anheuser-Busch InBev SA/NV, Molson Coors Beverage Company, Brown-Forman Corporation, Consumer stocks news, Read more ...
Total beverage alcohol sales grew 22.2% Y/Y for the week ended on May 30 to mark a deceleration from the 25.0% in the week prior, but still indicative of strong demand. More news on: Anheuser-Busch InBev SA/NV, The Boston Beer Company, Inc., Brown-Forman Corporation, Consumer stocks news, ...
Total alcoholic beverages rose 35% Y/Y for the week ending May 9 to mark the third consecutive week of accelerating sales, per Nielsen data. More news on: The Boston Beer Company, Inc., Constellation Brands, Inc., Brown-Forman Corporation, Consumer stocks news, Read more ...
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CELSIUS® to Expand to Australia and New Zealand PR Newswire CELSIUS and Suntory Oceania enter into definitive manufacturing, sales and distribution agreement BOCA RATON, Fla. , March 26, 2024 /PRNewswire/ -- Celsius Holdings, Inc . (Nasdaq: CELH), maker of e...