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Zacks News
Company News for Feb 21, 2020
by Zacks Equity Research
Companies In The News Are: IOTS, CYH, SAM, VMI
Boston Beer (SAM) Q4 Earnings Miss Estimates, Stock Down
by Zacks Equity Research
Boston Beer's (SAM) fourth-quarter 2019 earnings decline on lower gross margin, and higher advertising, promotional and selling costs despite strong revenues.
Boston Beer Company, Spirit AeroSystems, Apple, Starbucks and Carnival highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Boston Beer Company, Spirit AeroSystems, Apple, Starbucks and Carnival highlighted as Zacks Bull and Bear of the Day
Bull of the Day: Boston Beer Co (SAM)
by David Borun
The selloff after a rare earnings miss could also be a rare opportunity for savvy investors.
Brown-Forman (BF.B) Up 22% in 6 Months: What's Driving It?
by Zacks Equity Research
Brown-Forman (BF.B) is benefiting from strength across geographies and brands. However, tariff-related headwinds remain a concern.
Stocks Hit New Highs once Again, Even as the Coronavirus Spreads
by David Borun
Despite increased reporting of infections and warnings from many companies, investors ignore the virus and keep buying stocks.
Boston Beer (SAM) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Boston Beer's (SAM) Q4 results are likely to reflect gains from depletions growth, rising shipment volumes and brand innovation. Momentum in Truly hard seltzer is likely to have aided depletions.
Molson Coors' (TAP) Vizzy Hard Seltzer Launch Challenged (Revised)
by Zacks Equity Research
Molson Coors (TAP) faces litigation for naming its hard seltzer Vizzy. Contender Future Proof, the maker of Brizzy hard seltzer, claims that the name creates market confusion.
Molson Coors' (TAP) Vizzy Hard Seltzer Launch Challenged
by Zacks Equity Research
Molson Coors (TAP) faces litigation for naming its hard seltzer Vizzy. Contender Future Proof, the maker of Brizzy hard seltzer, claims that the name creates market confusion.
Hard Seltzer Demand Sets the Stage for Alcohol Industry Growth
by Rajani Lohia
Growing health-consciousness among drinkers and demand for better, refreshing beverages are putting hard seltzers in the limelight. Hard seltzer volumes are likely to more than triple by 2023.
Bear of the Day: National Beverage Corp. (FIZZ)
by Benjamin Rains
LaCroix maker National Beverage has become a victim of its own success. The firm's flagship flavored seltzer drink became so popular that Coca-Cola, PepsiCo, and many others flooded the quickly expanding seltzer market...
3 Beverage Makers Upping the Game in 2020 With Hard Seltzers
by Manaswita Ghosh Dutta
Beverage giants have stumbled upon a promising range of hard seltzers, satisfying their need for product diversification as well as meeting consumer preferences.
Growth in Hard Seltzer to Aid Boston Beer Despite High Costs
by Zacks Equity Research
Boston Beer's (SAM) investments in the Truly brand are likely to bolster its position in the fast-growing hard seltzer category. However, costs and margin woes are clouding its growth potential.
FEMSA's (FMX) Unit Acquires AGV, Expands Footprint in Brazil
by Zacks Equity Research
FEMSA's (FMX) subsidiary, Solictica completes the acquisition of AGV. This is an important step for Solistica's Brazilian strategy.
Will Flowers Foods' Impressive Momentum Continue in 2020?
by Zacks Equity Research
Flowers Foods (FLO) is well poised for 2020, courtesy of Project Centennial, yielding buyouts, favorable price/mix and other key growth strategies.
Here's How Archer Daniels (ADM) Stock Looks Going Into 2020
by Zacks Equity Research
Archer Daniels' (ADM) Readiness initiative and three strategic pillars - optimize, drive and growth - will likely drive performance in the next year.
Coca-Cola's (KO) Deal With Hard Rock to Expand Customer Base
by Zacks Equity Research
Coca-Cola (KO) partners with Hard Rock International to provide beverages in all cafes globally. Also, focus on key brands and innovations bode well.
Conagra's (CAG) Q2 Earnings Beat Estimates, Sales Up Y/Y
by Zacks Equity Research
Conagra's (CAG) second-quarter fiscal 2020 results reflect gains from Pinnacle Foods, partly countered by the divestiture of Sold Businesses.
General Mills (GIS) Stock Gains on Q2 Earnings & Sales Beat
by Zacks Equity Research
General Mills (GIS) second-quarter fiscal 2020 results reflect broad-based organic sales growth and improved bottom line.
Here's How Monster Beverage Stock Looks Heading Into 2020
by Zacks Equity Research
Monster Beverage's (MNST) momentum in the energy drinks category is commendable. Also, its efforts to innovate and launch products are encouraging.
Will Procter & Gamble's Solid Run Continue in the New Year?
by Zacks Equity Research
Procter & Gamble (PG) is benefiting from its focus on product improvement as well as packaging and marketing initiatives. Also, the company is on track with its cost-saving plans.
Campbell Stock Up 50% YTD: Will Momentum Stay in New Year?
by Zacks Equity Research
Campbell's (CPB) focus on portfolio refinement bodes well. The company's Snacks segment is likely to remain a major growth driver.
Here's Why Boston Beer (SAM) Will Retain Bullish Run in 2020
by Zacks Equity Research
Efforts to revive Samuel brand, robust depletion and shipment growth along with the three-point growth plan are likely to keep Boston Beer's (SAM) solid show on.
Sysco Up More Than 35% YTD: Will Momentum Continue in 2020?
by Zacks Equity Research
Sysco's (SYY) focus on key growth strategies bodes well. The company's U.S. Foodservice segment has been performing well for quite some time.
Will Pilgrim's Pride Maintain its Robust Momentum in 2020?
by Zacks Equity Research
Pilgrim's Pride (PPC) is benefiting from strength in the Prepared Foods unit. Further, the company's zero-base budgeting and positive impacts from acquisitions bode well.