) is set to report earnings this week and with changes in consumer trends, there are questions about how beer brands — such as Constellation's own Modelo and Corona — are rising to the occasion. Wedbush Equity Research Analyst Gerald Pascarelli joins Yahoo Finance Live to break down Constellation's earnings expectations as consumers pivot to new trends.
And so non-alcoholic beer is a very small base, you know, to the extent that consumer continues to gravitate towards non-alcoholic beer. I think that you'll just see more non-alcoholic offerings on high-quality brands, you know, just be part of their innovation cycle over the years to come.And, Gerald, last question here. You're bullish on this name. But what are the risks, Gerald, to your thesis? What are the risks you think about and that investors should have on their radar?Sure.
-Electric-vehicle maker Rivian Automotive on Wednesday said it plans to sell convertible green bonds worth $1.5 billion and forecast quarterly revenue to rise in line with estimates. Convertible bonds can be dilutive when converted into shares and are typically seen negatively by investors when issued. Rivian's bond will mature in October 2030 and investors will have the option to convert the bonds into cash or shares in the company, it said in a filing.The U.S.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »
Source: SooToday - 🏆 8. / 85 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »