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Kirin announced a credible medium-term plan, highlighting opportunities for growth and improving profitability. There are limits to what Kirin can achieve in the face of current inflationary cost pressures, and the domestic price hike announcement highlights its significance. Cons...
The world’s largest brewer, Anheuser-Busch InBev (BUD), outperformed analysts’ expectations in its last reported quarter. However, the company’s financial growth has been sluggish over the past few years. Shares of the Belgium-based concern have slumped 12.4% in price ove...
Given that the festive season is all but upon us, the shares of popular snacks and beverages company PepsiCo (PEP) have gained significantly over the past few days, hitting their 52-week price high earlier this week. The company is a dividend aristocrat, with a record of 49 years of consecuti...
Premium lifestyle beverage manufacturer The Vita Coco Company (COCO), which is known for its coconut water products, made its stock market debut on October 21, 2021. But even though the company’s profit margin has improved year-over-over-year, will COCO be able to maintain its growth s...
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 ...
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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...