Constellation Brands stock is well-positioned for market share gains in the upcoming fiscal year, with its strong beer business. The company is expected to expand its shelf space in supermarkets and convenience stores, while competitors like Bud Light face reductions. Analysts predict strong long-term beer volume growth for Constellation, which is not reflected in its current stock valuation. Recent scanner data from Nielsen also show a significant increase in beer sales.
Morgan Stanley expects Constellation to continue gaining market share during the upcoming period
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer's week ahead: Earnings from Delta, Constellation Brands and major banksCNBC’s Jim Cramer on Friday told investors what to look out for next week on Wall Street.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
Is Samsung Poised for Significant Growth as the AI Chip Market Surges?Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, NVIDIA Corporation, Samsung Electronics Co Ltd. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Some EV brands making gains despite cooling marketA report by S&P Global Mobility shows that although the EV market is cooling, market share remains consistent and some automakers are still making gains.
Source: therealautoblog - 🏆 528. / 51 Read more »
Luxury Brands Enter the Real Estate Market with Branded ResidencesLuxury brands are expanding into the real estate market by offering branded residences. This trend includes fashion and automotive labels, as well as other luxury brands. Resort destinations like Cabo del Sol in Mexico are particularly popular for these branded living options.
Source: LuxuryDaily - 🏆 325. / 59 Read more »
Big-Name Sports Betting Brands Eyeing Entry into Lucrative Brazilian MarketDraftKings, Hard Rock, and MGM reportedly among more than 130 companies to pre-register for a license in Latin American market.
Source: Covers - 🏆 341. / 59 Read more »