Molson Coors Brewing Co
What to Expect from Constellation Brands’ Q1 Earnings
Today, Jefferies raised its target price for Constellation Brands (NYSE:STZ) stock before the company’s first-quarter results.
Will Hexo’s Q3 Earnings Bring Positive News?
Hexo (TSE:HEXO) will likely report its results for the third quarter of fiscal 2020 on Thursday before the market opens. The stock has been struggling.
Constellation Brands Ends Fiscal 2020 with Strong Q4 Earnings
Constellation Brands ended fiscal 2020 on a strong note with better-than-expected fourth-quarter results. The company reported sales of $1.90 billion.
Will Constellation Brands’ Q4 Earnings Beat the Expectations?
On April 1, Reuters reported that Constellation Brands (NYSE:STZ) accepted locals’ vote in Mexicali. Locals oppose the construction of a brewery.
Cannabis 3.0: Is It on the Horizon?
On October 17, Cannabis 2.0 legalized edibles, beverages, and concentrates in Canada. As the country waits for the benefits, is Cannabis 3.0 next?
Cannabis 2.0: Aurora Cannabis Gears Up for Edibles Market
Cannabis 2.0 legalization will take place in Canada next month. Cannabis players are gearing up to expand in the edibles market.
How Does Constellation Brands’ Valuation Look after Q4 Results?
Constellation Brands’ (STZ) 12-month forward PE mulitple increased 7.2% to 21.2x on April 4, the day the company announced its results for the fourth quarter of fiscal 2019.
How Analysts Reacted to Constellation Brands’ Q4 Results
Constellation Brands (STZ) announced better-than-expected results for the fourth quarter of fiscal 2019 on April 4.
Why Tobacco Stocks Registered Impressive Gains in Q1
Sin stocks marked healthy growth in the first quarter. Molson Coors and Brown-Forman stocks rose 6.2% and 10.9%, respectively.
Key Takeaways from Canopy Growth’s Q3 Earnings Call
On February 14, Canopy Growth (WEED) (CGC) reported its earnings. The company held an earnings call the next day.
What Drove Constellation Brands’ Impressive Beer Sales?
Constellation Brands’ (STZ) top line growth in the third quarter of fiscal 2019 continued to be driven by demand for the company’s Mexican beer brands.
Why Constellation Brands Has Fallen More than 12% Today
On January 9, Constellation Brands (STZ) reported its third-quarter results before the market opened. The third quarter ended on November 30.
Analysts Upgrade Constellation Brands before Its Q3 Results
Susquehanna upgraded Constellation Brands stock to “neutral” from “negative” and assigned a target price of $174.
Will Constellation Brands’ Stock Rebound with Its Q3 Results?
Stocks of Constellation Brands (STZ) and other major alcoholic beverage players were in the red in 2018.
Why Green Thumb Industries’ Stock Jumped over 10% Today
Cannabis producer and retailer Green Thumb Industries’ stock (GTII)(GTBIF) surged over 10% this afternoon. Here’s why.
Behind Constellation Brands’ Q2 Beer Sales
Constellation Brands’ (STZ) beer segment continued to drive overall sales growth of the company in the second quarter of fiscal 2019.
Constellation Brands’ Valuation before Q2 2019 Results
Constellation Brands’ (STZ) 12-month forward PE multiple has declined 4.9% since the results of the first quarter of fiscal 2019.
Constellation Brands: Will Upcoming Results Help the Stock?
Constellation Brands (STZ) is set to announce its second quarter of fiscal 2019 results on October 4. It disappointed in the first quarter.
Coca-Cola to Quench Market Thirst with Cannabis-Infused Beverages
Soda giant the Coca-Cola Company (KO) is now looking for growth opportunities in the legal marijuana market.
What to Expect from Constellation Brands’ Fiscal Q1 2019 Sales
Constellation Brands’ (STZ) sales grew 3.5% to $7.6 billion in fiscal 2018, which ended on February 28.
Unum Group: S&P 500’s Top Loss on May 2
Unum Group, which provides supplemental insurance coverage in the workplace, was the S&P 500’s top loss on Wednesday.
3 Stocks Tanking Over 15% on Earnings
It has been a highly volatile earnings season thus far, as the market is punishing stocks for the slightest misstep.
How Constellation Brands Looks after Strong Fiscal 4Q18 Results
On April 3, Constellation Brands (STZ) declined 1.3% after Stifel downgraded its rating on the stock.
Top Movers in the Consumer Sector Last Week
Not many stocks in the consumer sector gained last week. Overall, the sectors’ performance declined.
Where STZ’s Valuation Stands prior to Its Fiscal 4Q18 Results
On March 23, 2018, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings ratio) of 23.7x.
How 3Q18 Results Affected Constellation Brands’ Valuation
As of January 10, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.6x.
What Hurt Constellation Brands’ Fiscal 3Q18 Sales?
Constellation Brands’ sales declined 0.6% on a year-over-year basis in fiscal 3Q18.
Constellation Brands’ Stock: Assessing Analysts’ Ratings
The majority of the 20 analysts covering Constellation Brands (STZ) stock have a “buy” rating. As of December 26, 70.0% of the analysts had a “buy” rating and 30.0% had a “hold” rating.
Where Constellation Brands’ Valuation Stands prior to Q3 Results
As of December 26, Constellation Brands’ (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 25.6x. The company’s valuation multiple has risen 6.9% since the announcement of its fiscal 2Q18 results.
Can Constellation Brands’ Q3 Earnings Beat Expectations?
Impressive earnings trend Constellation Brands (STZ) exceeded analysts’ earnings expectations in all the quarters of fiscal 2016 and fiscal 2017 and in the first two quarters of fiscal 2018. Excluding one-time items, the company posted adjusted EPS (earnings per share) of $2.47 in fiscal 2Q18, which ended on August 31, 2017. The company’s fiscal 2Q18 […]
Can Constellation Brands Stock Sustain Its Strong Momentum?
As of December 26, Constellation Brands (STZ) stock has risen 47.1% to $225.51 on a YTD (year-to-date) basis. The leading beer, wine, and spirits producer has outperformed the broad market.
Constellation Brands’ Valuation after Fiscal 2Q18 Results
Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 1.4% to 24.0x on October 5, 2017, the day the company announced its fiscal 2Q18 results.
Here’s What Drove Constellation Brands’ Sales in Fiscal 2Q18
Constellation Brands (STZ) generated sales of $2.09 billion in fiscal 2Q18, exceeding the consensus analysts’ sales estimate of $2.06 billion.
Constellation Brands: Its Strong Fiscal 2Q18 Results
Constellation Brands (STZ) stock rose 4.0% on October 5, 2017, in reaction to the company’s results for fiscal 2Q18, which ended August 31, 2017.
Constellation Brands’ Sales Growth in Fiscal 2Q18: Strong or Not?
A strong imported beer portfolio has been driving Constellation Brands’ (STZ) sales growth. In fiscal 1Q18, sales rose 3.4% on a year-over-year basis.
Top Gainers in the Consumer Sector on July 31–August 4
Kellogg (K) announced its results for fiscal 2Q17 on August 3, 2017. Net sales for the quarter fell 2.5% YoY (year-over-year) to $3.19 billion.
Will STZ Stock Benefit from Its Fiscal 1Q18 Results?
Constellation Brands stock has risen 20.4% to $184.57 as of June 23, 2017. The company has outperformed other major nonalcoholic beverage companies’ stocks on a year-to-date basis.
Will STZ Deliver Strong Fiscal 1Q18 Sales Growth?
Constellation Brands (STZ) has delivered strong sales growth over the past few quarters backed by its strategic acquisitions and the strength of its imported beer portfolio.
Where STZ’s Valuation Stands Prior to Its Fiscal 4Q16 Results
On March 31, 2017, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings multiple) of 22.2x.
Assessing Analysts’ Ratings on Constellation Brands Stock
On March 31, 2017, 12 out of 18 analysts had “buy” ratings on Constellation Brands (STZ) stock. Six analysts had “hold” ratings on the stock, and no analysts had “sell” ratings on the stock.
Can Constellation Brands’ Fiscal 4Q17 Results Boost Its Stock?
Constellation Brands (STZ) is slated to announce its fiscal 4Q17 and fiscal 2017 results on April 6, 2017. The company’s fiscal 4Q17 ended on February 28, 2017.
Constellation Brands Announced Changes in Its Management
Constellation Brands declared a quarterly cash dividend of $0.40 per share on its Class A common stock and $0.36 per share on its Class B common stock.
What Moody’s Thinks of Constellation Brands?
Constellation Brands (STZ) has a market cap of $29.0 billion. It rose 1.2% to close at $149.28 per share on January 13, 2017.
Check Out Constellation Brands’ Fiscal 3Q17 Segment Margins
Constellation Brands’ (STZ) gross margin rose to 49.2% in fiscal 3Q17 compared to 44.7% in fiscal 3Q16.
Constellation Brands’ Strong Fiscal 3Q17 Earnings: Key Drivers
Constellation Brands (STZ) delivered impressive earnings yet again, exceeding analysts’ expectations for the ninth straight quarter in fiscal 3Q17, which ended on November 30, 2016.
Constellation Brands Gets Upgraded to ‘Buy’
Constellation Brands (STZ) has a market cap of $31.8 billion. It rose 2.1% to close at $157.99 per share on January 4, 2017.
Why Constellation Brands Sold Its Canadian Wine Business
Constellation Brands (STZ) fell 4.4% to close at $150.79 per share during the third week of December 2016.
How Analysts Rate Constellation Brands’ Stock
As of December 23, 61% or 11 out of 18 analysts had a “buy” recommendation for Constellation Brands’ stock.
Why Constellation Brands’ Q3 Margins Are Expected to Improve
Constellation Brands (STZ) reported improved margins in the first two quarters of fiscal 2017.
Constellation Brands Announces New Share Repurchase Program
Constellation Brands (STZ) has a market cap of $31.5 billion. It rose 1.4% to close at $157.4 per share on November 21, 2016.
What Moody’s Thinks of Constellation Brands
Constellation Brands (STZ) has a market cap of $31.6 billion. It fell 0.68% to close at $152.87 per share on November 10, 2016.
A Look at the 3Q16 Performance of Owens-Illinois
Owens-Illinois (OI) has a market cap of $3.1 billion. It rose 10.8% to close at $18.83 per share on October 26, 2016.
How Did Boston Beer Perform in 3Q16?
Boston Beer (SAM) has a market cap of $2.0 billion. It fell 2.7% to close at $156.25 per share on October 20, 2016.
Berenberg Downgrades Boston Beer to ‘Sell’
Price movement Boston Beer (SAM) has a market cap of $1.9 billion. It fell 4.8% to close at $155.41 per share on October 14, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.3%, -5.5%, and -23.0%, respectively, on the same day. SAM is trading 0.16% above its 20-day moving average, 9.5% […]
Goldman Sachs, Bank of America Merrill Lynch Upgrade Molson Coors
Bank of America Merrill Lynch initiated its coverage of Molson Coors Brewing (TAP) with a “buy” rating and set the stock’s price target at $140.00 per share.
Wells Fargo Upgrades Under Armour to ‘Outperform’
Under Armour’s cash and cash equivalents fell 6.7%, and its inventories rose 38.8% between 4Q15–2Q16.
STZ Can’t Go Wrong with Corona in Its Beer Segment
Following a strong performance by the Beer segment in the first half of fiscal 2017, Constellation Brands (STZ) expects the segment’s net sales for fiscal 2017 to grow 16%–17%.
Investing in STZ for Earnings Growth Is Becoming a No-Brainer
Constellation Brands (STZ) impressed investors with another quarter of strong earnings and sales growth in fiscal 2Q17. The beer, wine, and spirits producer beat the analysts’ earnings estimate for the eighth straight quarter.
How Has Constellation Brands’ Stock Performed in 2016?
Constellation Brands’ stock price has risen 17.7% to $165.58 as of September 26 on a YTD basis. Currently, it’s trading above its YTD average price of $155.31.
Constellation Brands 2Q17 Margins: What Do Analysts Expect?
For fiscal 2Q17, which ended on August 31, 2016, analysts expect Constellation Brands’ gross margin to rise to 46.3% from 44.7% in 2Q16.
Constellation Brands’ 2Q17 Earnings: Potential Growth Drivers
Constellation Brands exceeded analysts’ earnings expectations in eight of the past nine quarters. The company will report its fiscal 2Q17 results on October 5.
Will Constellation Brands’ Beer Portfolio Continue to Impress?
Constellation Brands (STZ) is leveraging the strong demand for its imported beers. It has an impressive portfolio of Mexican beer brands.
Credit Suisse Has Rated Boston Beer Company ‘Underperform’
Boston Beer (SAM) has a market cap of $2.0 billion. It fell 1.4% to close at $162.15 per share on September 16, 2016.
Sector Composition of the Alger Spectra Fund in YTD 2016
Compared to the Russell 3000 Growth Index, SPECX is markedly overweight in the information technology and healthcare sectors.
How Did Boston Beer Perform in 2Q16?
Boston Beer reported fiscal 2Q16 net revenue of $244.8 million, a fall of 2.9% compared to net revenue of $252.2 million in fiscal 2Q15.
Constellation Brands’ Stock Outperforms Peers in 2016
On July 1, 2016, Constellation Brands’ stock was trading at $163.61, which represents a rise of 16.3% on a YTD (year-to-date) basis.
What Drove Constellation Brands’ Fiscal 1Q17 Margin Growth?
In fiscal 1Q17, which ended on May 31, 2016, Constellation Brands’ gross margin increased significantly to 47.1% from 45.2% in fiscal 1Q16.
Constellation Brands’ Fiscal 1Q17 Sales Boosted by Acquisitions
Constellation Brands (STZ) delivered strong sales growth of 14.7% in fiscal 1Q17, which ended on May 31, 2016.
Moody’s Downgrades Molson Coors’ Senior Notes to ‘Baa3’
Molson Coors Brewing (TAP) rose by 2.7% to close at $100.74 per share at the end of the fifth week of June 2016.
What Were the Outliers in the Consumer Space?
At the end of the fifth week of June 2016, the S&P Consumer Staples slightly outperformed the S&P 500 and the S&P Consumer Discretionary.
How Does Constellation Brands Compare to Its Peers on Valuation?
Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.9x on June 20.
Will Constellation Brands’ Fiscal 1Q17 Earnings Beat Estimates?
For fiscal 1Q17, analysts expect Constellation Brands to deliver adjusted EPS (earnings per share) of $1.52.
Can Constellation Brands Afford Margin Expansion in Fiscal 1Q17?
In fiscal 4Q16, which ended on February 29, 2016, Constellation Brands’ gross margin expanded by 100 basis points to 45.1%, driven by the company’s premiumization efforts.
Can Constellation Brands’ Beer Business Continue Its Strong Run?
In fiscal 2016, which ended on February 29, 2016, Constellation Brands’ beer business accounted for 55.3% of the company’s sales, up from 52.9% in fiscal 2015.
Constellation Brands Seeks Valuation for Its Wine Unit
Constellation Brands (STZ) has a market cap of $30.7 billion It fell by 0.49% to close at $153.40 per share on June 3, 2016.
What Was Molson Coors Brewing Company’s Dividend?
Molson Coors Brewing Company (TAP) rose by 3.6% and closed at $100.20 per share at the end of the fourth week of May 2016.
Why Analysts Expect Constellation Brands’ Stock to Keep Rising
Constellation Brands’ (STZ) stock price has surged by 11.9% to $157.37 since the start of 2016, as of April 7, 2016.
Constellation Brands to Acquire Prisoner Wine Brands
Constellation Brands (STZ) is acquiring The Prisoner Wine Company’s portfolio of brands from Huneeus Vintners, a fine wine company.
Did Constellation Brands Beat Estimates for Fiscal 4Q16 Earnings?
Constellation Brands (STZ) reported adjusted EPS (earnings per share) of $1.19 in fiscal 4Q16, beating Wall Street analysts’ consensus estimate of $1.14.
Inside Barclays’ Raised Price Target for Constellation Brands
Constellation Brands fell by 1.9% to close at $157.37 per share on April 7. Its weekly, monthly, and YTD price movements were 4.2%, 12.4%, and 10.7%.
Credit Agricole Downgrades Boston Beer to ‘Underperform’
Boston Beer Company (SAM) has a market cap of $2.3 billion. SAM fell by 12.2% to close at $175.21 per share as of March 8, 2016.
Boston Beer’s Top and Bottom Line Rose in Fiscal 2015
Boston Beer Company (SAM) fell by 2.2% to close at $181.02 per share at the end of the third week of February 2016.
Goldman Sachs Upgrades Compania Cervecerias Unidas to a “Buy”
Compania Cervecerias Unidas (CCU) has a market capitalization of $3.6 billion. It rose by 1.8% to close at $19.44 per share as of January 15, 2016.
Constellation Brands’ Revenue and Income Rose in Fiscal 3Q16
After its fiscal 3Q16 earnings report, Constellation Brands (STZ) rose by 4.5% to close at $149.61 per share as of January 7, 2016.
Constellation Brands Plans to Ramp Beer Production
Constellation Brands is ramping up its beer production capacity in response to rising demand. The company’s beer brands are quite popular with US consumers.
Molson Coors Benefits from the SABMiller–Anheuser-Busch Deal
Molson Coors Brewing Company gained 9.9% on October 13, 2015, after SABMiller agreed to be acquired by rival company Anheuser-Busch for $67.50 per share.
Anheuser-Busch InBev’s Acquisition of SABMiller: Divestitures at a Glance
ABI has been one of the most active companies in the acquisition of other beer firms. The Belgium-based company itself came from a prior $52 billion deal.
Rise in Jobless Claims Fails to Deter Consumer Sector Firms
Investors in the consumer discretionary sector, like those invested in XLY, eagerly await the U.S. Department of Labor’s weekly jobless claims report.
Disappointing 2Q15 Results and Anheuser-Busch InBev’s Stock Price
Year-to-date, Anheuser-Busch InBev’s stock has underperformed rival Constellation Brands, which increased by 23.1% over the same period.
Anheuser-Busch InBev Continues to Face Headwinds in the US
In June 2015, Anheuser-Busch InBev announced an investment of over $1.5 billion toward product development and sustainability efforts in the US.
Anheuser-Busch InBev’s 2Q15 Revenue Falls Short of Expectations
Anheuser-Busch InBev reported $11.1 billion in revenues in 2Q15. This reflects a 9.4% revenue decline from 2Q14, missing consensus Wall Street analyst estimates of $11.5 billion.
Anheuser-Busch InBev Stock: Can It Continue Its Momentum?
Anheuser-Busch InBev stock price has risen 14.6% since the beginning of 2015. As of July 21, the company’s stock is trading at $128.07.
Will Anheuser-Busch InBev’s Margins Continue to Improve in 2Q15?
Anheuser-Busch InBev’s margins are higher than its peer group. A lean operating structure and dominance in the US beer business are key reasons for higher margins.
Is Anheuser-Busch InBev Feeling the Threat of Craft Beer?
To capture the demand for craft beer, Anheuser-Busch InBev acquired Seattle-based craft brewer Elysian Brewing Company in the first half of 2015.
Can Anheuser-Busch InBev Deliver Positive Revenue Trend in 2Q15?
Anheuser-Busch InBev is scheduled to report its second quarter results on July 30, 2015. The consensus Wall Street analysts’ estimate for second quarter revenue is $11.5 billion.
What Caused a Spike in Diageo’s Stock Price in Early June?
Some analysts believe that 3G Capital might be interested in Diageo’s beer business. 3G Capital has a meaningful stake in beer market leader Anheuser-Busch InBev.
US Wine Export Volumes Declined by 6.1% in 1Q15: Why?
US wine export volumes, excluding other fermented categories, declined by 6.1% to 91.9 million liters in 1Q15.
US Taste for Imported Beer Continues to Grow in 1Q15
Imported beer volumes in the United States increased by 13.0% to 231.2 million gallons in the first quarter of 2015 on a year-over-year basis.
Alcoholic Beverage Industry Is Reluctant to Embrace E-Commerce
Manufacturers in the alcoholic beverage industry can’t sell directly to consumers due to a three-tier distribution system. This discourages them from having their own e-commerce channels.
Why Did Wine Export Revenues Decline in 2014?
According to the Wine Institute, US wine exports declined by 3.9% to $1.49 billion in 2014 in terms of value.