Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter Beverage-Alcohol Net Revenue Increases 165% Over the Prior Year Quarter, 5th Largest Craft Beer Brewer in the U.S.1 with 4.5% Craft Beer Market Share Global Cannabis Net Revenue Increases 33% with International Cannabis Growth of 44% Over the Prior Year Quarter, #1 Market Share in Canada and #1 Market Share in Germany U.S. Cannabis Strategy in Place to Strike with Potential Drug Policy Reform Conference Call to be Hel ...

When economic circumstances become challenging, it’s time to get an edge, which brings us to sin stocks to buy. Yes, the sector dives into controversial arenas. However, controversies can also yield significant upside.Certainly, the March jobs report may have provided a fire for sin stocks. You see, the U.S. economy added 303,000 jobs, yet another impressive print. Naturally, this result implies greater inflation, which has been the scourge of American households. To take the edge off the troubles, people m ...

The latest trading session saw Anheuser-Busch Inbev (BUD) ending at $60.24, denoting a -0.77% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.11% for the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.Heading into today, shares of the brewer had gained 0.95% over the past month, lagging the Consumer Staples sector's gain of 1.72% and the S&P 500's gain of 1.5% in that time.The investment community wil ...

In 2023, Anheuser-Busch InBev (NYSE: BUD) – the company behind Bud Light – suffered significant stock market damage due to a boycott spawned by an ill-advised marketing campaign. Indeed, the boycott saw BUD shares drop from approximately $66 in late March to about $52 in November – a 21% decline in just over 6 months.The seeds of renewal, however, were sown for the company by the October earnings report which showed that, while the sales of the crucial Budweiser business were still dwindling in North Americ ...

6 Of The Highest Yielding Dividend Kings to Buy and Hold Forever ShutterstockProfessional / Shutterstock.com The stock market has been on an incredible roll in one of the hottest bull markets in years. Every month since October, the market has been up as the groundswell of attention to Artificial Intelligence has driven a frenzy for everything AI. The 5-month winning streak is the longest since 2013.The problem for investors, especially those starting to suffer from the dreaded disease FOMO (fear of missi ...

I have two big problems with Altria (MO -0.09%). Even with those concerns, I was actually a little excited when the company announced that it was selling some of its holdings in Anheuser-Busch InBev (BUD -0.10%). And then Altria management blew a hole in what I thought should have been the next step (investing in the business) by announcing that it was going to buy back billions of dollars of its own stock.Altria just proved again why it's not a stock that most investors should own. Here's why. Altria's yie ...

DNY59 We previously covered Anheuser-Busch InBev SA/NV (BUD) in November 2023, discussing its (still) impacted sales volume in the North American region, with losses intensifying as the management had to provide financial assistance to its wholesalers. Then again, we had maintained our Buy rating, with the management's successful marketing efforts in other regions contributing to its excellent FY2023 guidance and the promising consensus forward estimates through FY2025. In this article, we shall discuss ...

One of the best ways to support portfolio growth is to invest in high-quality dividend stocks. But with so many dividend stocks, trying to choose the best opportunity can be daunting.Recent moves from management could suggest that Altria (MO -2.25%) is a good buy right now. Let's find out if the stock is undervalued and assess if Altria deserves a spot in your portfolio.Big tobacco is at a crossroadsFor the 12 months ended Dec. 31, 2023, the cigarette industry at large experienced an 8% volume decline. On t ...

One year ago, Anheuser-Busch InBev (NYSE: BUD) – Bud Light when translated into regular English – faced a severe backlash after an ill-conceived marketing campaign featuring Dylan Mulvaney, a trans influencer.The campaign turned into a controversy which, in turn, led to a boycott that caused – at one point – a stock market bloodbath that saw BUD fall from about $64 in April to approximately $55 in September. While the boycott persisted into the fourth quarter of 2023, a surprisingly strong earnings report r ...

The latest trading session saw Anheuser-Busch Inbev (BUD) ending at $59.29, denoting a -1.3% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.68%, and the technology-dominated Nasdaq saw an increase of 0.2%.Coming into today, shares of the brewer had lost 5.58% in the past month. In that same time, the Consumer Staples sector gained 1.81%, while the S&P 500 gained 5.11%.The investment community will be paying ...