Constellation Brands earnings: Where Modelo sales could be most impactful

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Constellation Brands (STZ) 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. Non-alcoholic beer consumption has a 'very small base,' Pascarelli asserts, but anticipates non-alcoholic drinks to be a part of companies' 'innovation cycle over the years to come' nonetheless. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) 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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 47. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Cannabis company Tilray Brands reports $55.9M Q1 loss, revenue up 15% from year agoLEAMINGTON, Ont. — Tilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent. The cannabis company, which keeps its books in U.S. dollars, says the loss amounted to 10 cents per diluted share for the quarter ended Aug. 31. The result compared with a loss of 13 cents per diluted share in the same quarter last year. Net revenue in what was Tilray's first quarter totalled US$176.9 million, u
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Cannabis company Tilray Brands reports $55.9M Q1 loss, revenue up 15% from year agoTilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »

Cannabis company Tilray Brands reports US$55.9-million quarterly loss, revenue up 15% from year agoTilray says the loss amounted to 10 cents per diluted share for the quarter ended Aug. 31
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Cannabis company Tilray Brands reports $55.9M Q1 loss, revenue up 15% from year agoLEAMINGTON, Ont. — Tilray Brands Inc. reported a loss of US$55.9 million in its latest quarter compared with a loss of US$65.8 million a year earlier as its net revenue rose 15 per cent. The cannabis company, which keeps its books in U.S.
Источник: SooToday - 🏆 8. / 85 Прочитайте больше »

Russian car sales jump in September as Chinese brands expand market share(Reuters) - Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat ...
Источник: SaltWire Network - 🏆 45. / 63 Прочитайте больше »