Beer

Beverage company Constellation Brands, Inc. (NYSE: STZ) reported first-quarter results Friday that came in better than expected on the top-and-bottom line and prompted multiple Street analysts to reaffirm bullish stances.  The Analysts BMO Capital Markets' Amit Sharma maintained...

The owner of a Michigan "beer exchange," where the prices of the brews move up and down based on demand like stock prices, says he's planning a second location in Detroit. The Kalamazoo Beer Exchange opened in 2010 and features beer prices that change by the minute, with pricing...

Boston Beer Company Inc (NYSE: SAM), the parent company of Sam Adams, reached an agreement to acquire Dogfish Head Brewery. This could prove to be "trophy material," according to Macquarie Research. The Analyst Macquarie analysts maintain a Neutral rating on Boston Beer with a price...

Beer investors woke up to a busy Friday morning as Boston Beer Company Inc (NYSE: SAM) bought rival brewer Dogfish Head and Anheuser Busch Inbev NV (NYSE: BUD) is reportedly looking to spin its Asian business. Boston Beer Buys Dogfish Boston Beer, best known for its Sam Adams beer, announced...

Constellation Brands, Inc. (NYSE: STZ) reported fourth-quarter results that came in better than expected. The company also announced an agreement to divest around 30 of its wine and spirits brands and related facilities for $1.7 billion. The Analysts Bank of America's Bryan Spillane maintains...

The niche products big brewers are coming up with to offset lagging beer sales are doing well, but taking share away from the original product, Goldman Sachs said Thursday.  Goldman updated its beer industry volume forecast to reflect more declines and downgraded Boston Beer Company Inc...

Anheuser Busch Inbev NV (NYSE: BUD) has a better debt picture, but beer sales, particularly of “mainstream beer,” are still going flat, Bank of America Merrill Lynch said Friday.  The Analyst Analyst Fernando Ferreira upgraded AB InBev from Underperform to Neutral and increased the...

Alcohol company Constellation Brands, Inc. (NYSE: STZ) reached an agreement Wednesday to sell around 30 brands from its wine and spirits portfolio. What Happened Constellation Brands, perhaps best known for its Corona beer, will divest more than two dozen brands that retail for $11 and below,...

Oh, brewers of Bud Light: you are hereby served notice that you are sued by the Miller Coors kingdom over the medieval corn syrup ads. What Happened MillerCoors, a subsidiary of Molson Coors Brewing Co. (NYSE: TAP), didn’t find the Bud Light ads about the use of corn syrup in the brewing...

The theory behind the bullish case for beer company Anheuser Busch Inbev NV (NYSE: BUD) remains valid, but the stock's momentum since December implies a positive rating can't be justified, according to RBC Capital Markets.  The Analyst Analyst James Edwardes Jones downgraded Anheuser-...

Anheuser Busch Inbev NV (NYSE: BUD) has seen “flattish” volume since its 2016 purchase of former competitor SABMiller, despite boosting access to emerging and other global markets, according to Bank of America Merrill Lynch.  Not much has changed in terms of volume growth for...

Younger alcohol drinkers are more health-conscious and want less sugar, alcohol and calories in their brews. At the same time, they want more choices, including hard seltzer waters and no-calorie beverages. These were some of the key takeaways for Macquarie Research from Harry Schuhmacher’s...

Anheuser Busch Inbev (NYSE: BUD) brewed a controversy over ingredients with a Super Bowl LIII ad poking fun at its top U.S. light beer competitors for using corn syrup. But the ad, which some may have thought was one of the most interesting parts of an incredibly low-scoring Super Bowl game,...

Constellation Brands, Inc. (NYSE: STZ) held a presentation this week with Street analysts to discuss its beer business outlook, which left at least two analysts positive on the outlook. The Main Takeaways Constellation Brands' presentation was led by incoming CEO Bill Newlands, Beer President...

Despite Anheuser Busch InBev NV (NYSE: BUD) performing broadly in-line with expectations in 2018, its share price has declined by around 42 percent, lagging the MSCI Emerging Markets Index by 24 points and the SPX by 35 points, according to Susquehanna. The Analyst Analyst Pablo Zuanic...