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Zacks News
Molson Coors (TAP) Stock Rises as Q3 Earnings Beat Estimates
by Zacks Equity Research
Molson Coors' (TAP) Q3 results reflect continued progress on its revitalization plan and premiumization efforts. Sales have been aided by strong pricing, and a favorable brand and channel mix.
Molson Coors Brewing (TAP) Surpasses Q3 Earnings Estimates
by Zacks Equity Research
Molson Coors (TAP) delivered earnings and revenue surprises of 12.90% and -1.35%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Factors Likely to Impact Molson Coors' (TAP) Q3 Earnings
by Zacks Equity Research
Despite revitalization plan, premiumization and strength in hard seltzer, Molson Coors' (TAP) Q3 performance is likely to have been hurt by higher marketing spends and cost inflation.
Earnings Preview: Molson Coors Brewing (TAP) Q3 Earnings Expected to Decline
by Zacks Equity Research
Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Molson Coors (TAP) Expands CBD Beverage Line With Truss USA
by Zacks Equity Research
Molson Coors (TAP) is likely to strengthen its position in the cannabis beverage market by expanding its Veryvell CBD beverages line through Truss USA.
Molson Coors (TAP) to Launch New Hard Seltzer Variety Pack
by Zacks Equity Research
Driven by the growing demand of hard seltzer, Molson Coors (TAP) is expanding its Topo Chico Hard Seltzer product line to include flavors in its second variety pack.
Molson Coors (TAP) to Expand Topo Chico Distribution Nationwide
by Zacks Equity Research
Driven by positive customer response, Molson Coors (TAP) is likely to expand Topo Chico Hard Seltzer in all 50 states of the United States from January 2022.
Bear of the Day: The Boston Beer Company, Inc. (SAM)
by Benjamin Rains
SAM fell well short of Q2 earnings estimates on July 22 and disappointing guidance has helped send the stock plummeting.
Molson Coors (TAP) Rises 15% YTD: Can the Momentum Continue?
by Zacks Equity Research
Molson Coors (TAP) benefits from investments, partnerships and product launches as part of its Revitalization Plan. Innovation and premiumization efforts as well as hard seltzer ambition bode well.
Boston Beer (SAM), PepsiCo (PEP) to Launch Hard Mountain Dew
by Zacks Equity Research
Boston Beer (SAM) and PepsiCo (PEP) plans to launch the Hard Mountain Dew alcoholic beverage, marking PepsiCo's venture into the alcoholic beverage space.
Molson Coors (TAP) Stock Up on Q2 Earnings & Sales Beat
by Zacks Equity Research
Molson Coors' (TAP) Q2 performance benefits from its revitalization plan, on-premise re-openings and strength in hard seltzer.
AB InBev (BUD) Q2 Earnings & Revenues Lag Estimates, Rise Y/Y
by Zacks Equity Research
AB InBev (BUD) witnesses strong momentum in Q2, with earnings and revenues improving year over year. Revenues also increase from the pre-pandemic levels.
Molson Coors Brewing (TAP) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Molson Coors (TAP) delivered earnings and revenue surprises of 14.49% and 2.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Molson Coors (TAP) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
Revitalization plan, premiumization, beyond beer expansion and omni-channel investment are likely to have aided Molson Coors (TAP) in Q2. Higher marketing spends and COGS are likely to have hurt.
Boston Beer (SAM) Falls on Q2 Earnings & Sales Miss, Cuts View
by Zacks Equity Research
Boston Beer's (SAM) Q2 results reflect slowed growth trends in hard seltzer and lower-than-anticipated demand for the Truly brand. Increased costs and lower margins have been other headwinds.
Here's Why Molson Coors (TAP) is Poised for a Turnaround After Losing 8.2% in 4 Weeks
by Zacks Equity Research
The heavy selling pressure might have exhausted for Molson Coors (TAP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Analysts Estimate Molson Coors Brewing (TAP) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Coca-Cola (KO) Tops Q2 Earnings & Sales Estimates, Raises View
by Zacks Equity Research
Coca-Cola (KO) witnesses positive revenue trends in Q2, owing to ongoing recovery across most markets due to the subsiding of the pandemic-led headwinds. It raises the 2021 view.
3 Stocks to Watch As Demand for Ready-to-Drink Alcohol Soars
by Kaustav Ghosh
Ready-to-drink drove alcohol sales in 2020 and looks to do the same this year as well, making it wise to watch out for stocks like Molson Coors (TAP), Anheuser-Busch InBev (BUD) and Constellation Brands (STZ).
Buy SAM Stock Down 25% Before Q2 Earnings?
by Benjamin Rains
The Boston Beer Company, Inc. (SAM) has tumbled since its Q1 release in April, as Wall Street sold overheated shares and questioned how much longer the seltzer craze will last...
Boston Beer's (SAM) Innovation and Expansion Plans on Track
by Zacks Equity Research
Boston Beer (SAM) continues to make solid brand-building and innovation efforts. It recently collaborates with Beam Suntory to expand into the spirits category.
TAP vs. DEO: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
TAP vs. DEO: Which Stock Is the Better Value Option?
Zacks Industry Outlook Highlights: Anheuser-Busch InBev, Diageo, Constellation Brands, Boston Beer and Molson Coors
by Zacks Equity Research
Zacks Industry Outlook Highlights: Anheuser-Busch InBev, Diageo, Constellation Brands, Boston Beer and Molson Coors
5 Top Alcohol Stocks to Emerge Strong as the Industry Recovers
by Rajani Lohia
The Beverages - Alcohol industry is poised to benefit from strong online sales and the demand for RTDs, while headwinds in the on-premise and Travel Retail continue. Players like BUD, DEO, STZ, SAM and TAP are likely to capitalize on the online and RTDs trend.
4 Stocks to Watch as Alcohol Sales Hit Multi-Year Highs
by Ritujay Ghosh
Companies like Diageo plc (DEO) and Boston Beer Company (TAP) have seen a jump in their sales during the pandemic as more people ordered online while restaurants and bars remained closed.