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15.07.25 - 16:24
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Bud Light Still Struggling Years After Dylan Mulvaney Nuked Brand On TikTok (ZeroHedge)
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Bud Light Still Struggling Years After Dylan Mulvaney Nuked Brand On TikTok
Beer sales over the July 4th holiday weekend came in stronger than previously expected, prompting distributors to raise their outlook for the remainder of the year and fueling renewed optimism around Constellation Brands (STZ). Anheuser-Busch InBev (ABI) also posted a solid performance during the period, though one brand under its adult beverage umbrella remained a clear laggard. Unsurprisingly, it was Bud Light, still struggling to recover for reasons that need little explanation.
In the latest iteration of Goldman's Beverage Bytes survey—covering 40 beer distributors and 125,000 retail outlets, or about 25% of all U.S. alcohol-selling locations—analysts led by Bonnie Herzog found that, although expectations were tempered heading into the holiday weekend due to soft scanner data, an uncertain macro environment, and weak Memorial Day trends, favorable summer weather trends across the Lower 48 during the Ju...
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03.07.25 - 18:00
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1 Warren Buffett stock I’m staying well away from (Fool)
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Warren Buffett's Berkshire Hathaway has been buying shares in Constellation Brands recently. But Stephen Wright prefers its FTSE 100 counterpart.
The post 1 Warren Buffett stock I'm staying well away from appeared first on The Motley Fool UK....
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02.07.25 - 20:18
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Constellation Brands Navigates Soft Sales With Robust Beer Margins (Benzinga)
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Constellation Brands rose nearly 5% despite mixed Q1 results, as strong beer margins offset weak sales and lingering segment challenges.
Latest Ratings for STZ
DateFirmActionFromTo Feb 2022Wells FargoMaintainsOverweight Jan 2022BarclaysMaintainsOverweight Jan 2022Credit SuisseMaintainsOutperform
View More Analyst Ratings for STZ
View the Latest Analyst Ratings
read more...
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