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Zacks News
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.
Monster Beverage (MNST) Q2 Earnings & Sales Beat, Costs Hurt
by Zacks Equity Research
Monster Beverage (MNST) reports strong Q2 results despite headwinds from shortages in aluminum can supplies, global port congestion, and higher input and freight costs.
PepsiCo (PEP) Agrees to Offload Its Juice Brands to PAI
by Zacks Equity Research
PepsiCo (PEP) unveils plans to offload juice businesses, including Tropicana, to PAI for $3.3 billion. The deal will help it focus on expanding on-trend brands and expand margins.
Keurig Dr Pepper (KDP) Tops on Q2 Earnings & Sales, Hikes View
by Zacks Equity Research
Keurig Dr Pepper (KDP) sees robust business trends across segments in Q2 due to increased consumer mobility, which translates into improved away-from-home channel sales. It raises 2021 sales view.
FEMSA (FMX) Q2 Earnings Miss, Rise Y/Y on Recovered Trends
by Zacks Equity Research
Recovery across markets and business units, as consumers return to stores, aid FEMSA (FMX) in Q2. The company reports strong y/y comparisons across all units.
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.
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.
Bear of the Day: The Boston Beer Company (SAM)
by Jeremy Mullin
The party looks to be over for this beer name.
Monster Beverage (MNST) Rises 25.4% in a Year: More Room to Run?
by Zacks Equity Research
Monster Beverage (MNST) looks poised for growth, backed by strength in its energy drinks business as well as a robust pipeline of innovative product launches.
Here's Why You Should Hold on to AB InBev (BUD) Stock Now
by Zacks Equity Research
AB InBev (BUD) has been an investor favorite on a strong brand portfolio, commercial strategy, and investments in digital and operational excellence. Premiumization efforts have also been aiding.