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Macquarie: Diageo Poised For Higher American Sales, Market Share
Saturday, December 15, 2018 - 6:01pm | 390Read More...After chatting with the British alcoholic beverage maker Diageo plc (NYSE: DEO)'s management, Macquarie Research maintained its bullish stance on the stock. The Analyst Analyst Caroline Levy maintains an Outperform on Diageo's London-listed stock with an unchanged 31-...
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The Latest Trends In Alcohol: Panel Sees Rise In Hard Seltzer, Spirits
Thursday, November 29, 2018 - 8:44am | 400Read More...Macquarie's Caroline Levy provided clients with an outline of some of the key trends a panel of experts sees ahead for the alcohol market. The sell-side firm recently hosted a panel of beer and cannabis experts including beer-guru Harry Schuhmacher, founder of Beer Business Daily;...
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A US Beer Industry Review: Seltzers Sizzle, Big Domestic Brands Fall Out Of Favor
Friday, November 9, 2018 - 1:32pm | 582Read More...The beer industry is facing challenging times as production volume stagnates. U.S. beer sales volume was down 1 percent in 2017, according to statistics from the Brewers Association. Craft beer, which accounted for about 8 percent of overall dollar sales, saw sales volume rise by 5 percent....
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Analysts Weigh In On Anheuser Busch Earnings, Dividend Cut
Thursday, October 25, 2018 - 1:39pm | 412Read More...Shares of Anheuser Busch Inbev (NYSE: BUD) fell Thursday following the company’s third-quarter earnings release and decision to cut its dividend in half to compensate for rising debt. The Analysts Bank of America analyst Paul Steegers reiterated an Underperform rating and a price...
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The Street's Reaction To Constellation's Q2 Earnings
Friday, October 5, 2018 - 1:08pm | 594Read More...Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported Thursday its second-quarter results, which sent the stock higher. Here's a summary of what some of the Street's top analysts are saying after the print. The Analysts Macquarie Research's Caroline Levy...
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Macquarie Turns Sour On PepsiCo, Downgrades Stock
Friday, October 5, 2018 - 9:10am | 324Read More...Beverage and snack maker PepsiCo, Inc. (NASDAQ: PEP) reported Tuesday its fiscal third-quarter results, which prompted Macquarie to downgrade the stock. The Analyst Caroline Levy downgraded PepsiCo from Outperform to Neutral with a price target lowered from $122 to $107. The Thesis PepsiCo showed...
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Colgate-Palmolive's Weak Sales Growth 'Will Become The Norm,' Macquarie Says In Downgrade
Monday, July 30, 2018 - 4:30pm | 394Read More...Colgate-Palmolive Co. (NYSE: CL) reported weaker-than-expected second-quarter sales Friday and lowered its net sales growth projection. The Analysts Macquarie analyst Caroline Levy downgraded Colgate-Palmolive from Outperform to Neutral and lowered the price target from $74 to $65. The...
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Macquarie Upgrades Church & Dwight After Beat-and-Raise Quarter
Monday, May 7, 2018 - 2:01pm | 356Read More...Household goods manufacturer Church & Dwight Co., Inc. (NYSE: CHD)'s first-quarter print showed 14.7-percent sales growth and 24-percent EPS growth, and the company raised its full-year sales outlook. The Analyst Macquarie analyst Caroline Levy upgraded Church & Dwight from Neutral...
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Colgate-Palmolive Set To Outperform In 2018, According To Macquarie
Tuesday, December 19, 2017 - 2:52pm | 339Read More...Colgate-Palmolive Company (NYSE: CL) isn't necessarily the most exciting name for investors to talk about, but heading into 2018 the case can be made to be buyers of the stock. The Analyst Macquarie Research's Caroline Levy upgraded Colgate-Palmolive's stock from Neutral to...
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Chinese Survey Has More Bad News Than Good For Estee Lauder
Thursday, September 15, 2016 - 10:57am | 287Read More...CLSA’s Caroline Levy reported that the fourth cosmetics survey of Chinese women revealed that the purchase rate of Estee Lauder Companies Inc’s (NYSE: EL) brands remained flat or improved, while desirability and intent-to-switch rates had declined from the very high levels seen in...
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3 Takeaways From Recent IRI Retail Data
Saturday, August 20, 2016 - 4:49pm | 379Read More...U.S. retail sales, released by IRI, for the four weeks ended August 7 showed Constellation Brands, Inc. (NYSE: STZ)'s beer sales grew 16 percent. Monster Beverage Corporation (NASDAQ: MNST)'s sales rose 3.4 percent and PepsiCo, Inc. (NYSE: PEP)'s overall retail sales were flat. Constellation Brands...
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An Inflection Point In Anheuser Busch Inbev Is 'Imminent'
Friday, August 19, 2016 - 3:39pm | 309Read More...CLSA reiterated its Outperform rating on Anheuser Busch Inbev SA (ADR) (NYSE: BUD) and retained the 12-month price objective of $145.00. Analysts, led by Caroline Levy, see an imminent inflection point, indicating the shift in rapidly-growing high-end brands. They are confident that the move would...
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Anheuser-Busch Almost Over All Acquisition Approval Hurdles
Thursday, June 30, 2016 - 3:28pm | 345Read More...CLSA analysts Caroline Levy and Brian Doyle think Anheuser Busch Inbev SA (ADR) (NYSE: BUD) has almost completed all acquisition approval hurdles. The brokerage maintains its Outperform rating and $142 price target on the shares of the company. The analysts pointed out that Anheuser Busch received...
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CLSA Downgrades Boston Beer As Competition Continues To Heat Up
Tuesday, March 8, 2016 - 9:26am | 267Read More...CLSA's Caroline Levy downgraded the rating on Boston Beer Co Inc (NYSE: SAM) to Underperform, while maintaining the price target at $200, due to the ongoing weakness in the company's flagship brews. Continuing Declines Levy explained that the continuing weakness in Cider, Lager and Seasonals was...














