alcohol

Surgeon General Vivek H. Murthy issued an advisory Friday warning about the cancer risks associated with alcohol consumption and calling for updates to health warning labels that haven't been revised since 1988. Murthy also stressed the need to reassess recommended alcohol limits, citing mounting...

Donald Trump‘s 2024 presidential election win put several sectors in the spotlight, including alcohol stocks. What Happened: Some people watched the outcome of election night on television from their home. Others likely scrolled along with social media on their phone. Some attended watch...

Constellation Brands, Inc. (NYSE:STZ) announced upbeat earnings for its second quarter on Thursday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Constellation Brands Analyst Bill Chappell reiterated a Hold rating, while...

Boston Beer Company Inc (NYSE:SAM) reported its second-quarter financial results Thursday. Here's a look at the key figures from the report.  The Details: Boston Beer reported quarterly earnings of $4.39 per share, which missed the analyst consensus estimate of $5.10 by 13.92%. Quarterly sales...

The whiskey industry is witnessing a surge in global demand, driven in part by recent regulatory changes in international markets. Notably, the Middle East and India have become crucial players, altering the dynamics of whiskey production and distribution. India’s Ascendancy in Whiskey...

The whiskey industry is witnessing increased diversity and enhanced quality, particularly attributed to independent bottlers like The Single Cask. These entities are instrumental in introducing distinct, single-cask whiskeys to the market, offering consumers a wide range of flavors and profiles...

Constellation Brands, Inc. (NYSE:STZ) will release earnings results for its first quarter, before the opening bell on Wednesday. Analysts expect the Victor, New York-based company to report quarterly earnings at $3.46 per share, up from $2.91 per share in the year-ago period. Constellation is...

Boston Beer Company Inc (NYSE:SAM) shares soared Friday with a report the company is nearing a sale in a move that could be a big change for one of best-known beer stocks. What Happened: Boston Beer could be nearing a sale that would value the company at a premium to its current $3 billion market...

Beer giant Anheuser-Busch InBev SA (NYSE:BUD) is set to report fourth-quarter financial results before the market opens Thursday. Here are the key earnings estimates, analyst ratings and key items for investors to watch. Earnings Estimates: Analysts expect Anheuser-Busch InBev to report fourth-...

In a groundbreaking move, Saudi Arabia is set to open its first-ever alcohol store in the capital city of Riyadh. The store will exclusively cater to non-Muslim diplomats, marking a significant shift in the traditionally conservative Muslim country. What Happened: The store, located in the...

Iconic soft drink producer, Coca-Cola Co's (NYSE: KO), is stepping into the alcoholic beverage market in India. The company has begun a pilot test of Lemon-Dou, a globally enjoyed alcoholic ready-to-drink beverage in Goa and select areas of Maharashtra. Lemon-Dou merges...

Beverage giant Coca-Cola (NYSE: KO) is one of several beverage and food stocks that have been hit due to potential concerns from weight loss drugs hurting sales. Ahead of its quarterly earnings report, the company announced another venture into the alcoholic beverage category. What Happened: For...

Stocks in the food and beverage industry experienced their most challenging week since May 2022, further extending the declines seen in the preceding weeks. The First Trust Nasdaq Food & Beverage ETF (NYSE:FTXG) plummeted by over 5% this week, marking its third consecutive week of losses and...

Irwin Simon, chairman and CEO of Tilray, Inc. (NASDAQ: TLRY) was asked Wednesday whether conversations with stockholders are at times frustrating when the company's stock price isn't always performing to everyone's satisfaction. Tilray's first-quarter financial results Wednesday...

Unless you live under the world’s biggest rock, you’ve probably heard about Kansas City Chief tight end Travis Kelce’s new romance with Taylor Swift. But, you might have not heard about Kelce’s investment in Casa Azul Spirits, a beverage company that makes...