在各大名酒企业纷纷投入研发，甚或已经推出各种低度产品的形势下，白酒的低度化、潮流化似乎已经 成为大势所趋。那么，仅仅依靠低度化就能够赢得年轻人的好感吗？ 实际上，低度化只是迎合了消费年轻化的其中一个要求，然而，这并非全部。 在一定程度上，年轻人对白酒的忠诚度不够高，除了度数高、口感爆烈之外，它身上附加的等级观念以 及社交价值，也与目前年轻一代的消费主张相背离；而在传统政务、商务宴饮的场景下，年轻消费者并 非主力，年轻人更为追求符合自身特质的场景，追求符合自身需求的产品。 那么，这种年轻化需求的核心是什么？ 也就是说，满足个体需求的"情绪因子"，正在取代老一代消费者的"社交因子"。这让他们摒弃了辣口的 高度酒，转向更为适口的低度化酒类商品。 相关调查表明，酒饮成为"精神快充"载体，如低度果酒、茶酒因口感清爽、包装新颖，在即时零售渠道 年增速达72%。 此外，在消费场景上，呈现出碎片化与即时化需求。相关电商平台统计显示，夜间独酌（占订单30%以 上）、露营野餐（年增56%）等场景崛起，推动"线上下单+30分钟送达"的即时零售模式爆发。2024 年，美团闪购白酒交易规模同比暴涨100%；618期间，20小时内成交额 ...

Financial Performance - Constellation Brands reported quarterly earnings of $3.22 per share, missing the Zacks Consensus Estimate of $3.34 per share, and down from $3.57 per share a year ago, representing an earnings surprise of -3.59% [1] - The company posted revenues of $2.52 billion for the quarter ended May 2025, missing the Zacks Consensus Estimate by 2.07%, and down from $2.66 billion year-over-year [2] - Over the last four quarters, Constellation Brands has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Constellation Brands shares have lost approximately 26.4% since the beginning of the year, contrasting with the S&P 500's gain of 5.5% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $4.07 on revenues of $2.68 billion, and for the current fiscal year, it is $12.68 on revenues of $9.44 billion [7] - The outlook for the Beverages - Alcohol industry is positive, currently ranking in the top 32% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

Dining Rooms Across All 16 Ships, Including 15 Main Dining Rooms and the Sanctuary Collection Restaurant on Sun Princess, Recognized for Outstanding Wine ListsFORT LAUDERDALE, Fla., June 26, 2025 /PRNewswire/ -- Princess Cruises is once again raising a glass to excellence, as all 16 ships in its fleet have earned the prestigious Wine Spectator Award of Excellence in the publication's 2025 Restaurant Awards. Now a two-time winner, 15 Princess main dining rooms were recognized, alongside the Sanctuary Collect ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Constellation Brands due to lower revenues, with actual results being crucial for near-term stock price movements [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $3.39 per share, reflecting a -5% change year-over-year, and revenues of $2.58 billion, down 3.2% from the previous year [3]. - The consensus EPS estimate has been revised 0.15% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Constellation Brands is lower than the consensus estimate, resulting in an Earnings ESP of -2.69%, which complicates predictions of an earnings beat [12]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. Historical Performance - In the last reported quarter, Constellation Brands exceeded the expected earnings of $2.28 per share by delivering $2.63, resulting in a surprise of +15.35% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Conclusion - Constellation Brands does not currently appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].

Group 1 - The company has approved a profit distribution plan at the 2024 annual general meeting, distributing a cash dividend of 50.00 RMB per 10 shares, totaling 2,643,000,000.00 RMB based on a total share capital of 528,600,000 shares [1] - The distribution will not include stock dividends or capital reserves conversion into shares, and adjustments will be made if the total share capital changes before the distribution [1] - The cash dividend will be subject to different tax rates for various types of shareholders, including QFII, RQFII, and individual investors holding pre-IPO restricted shares [1][2] Group 2 - The A-share equity registration date is set for June 25, 2025, with the ex-dividend date on the same day [2] - The B-share equity registration date is also June 25, 2025, with the ex-dividend date following the last trading day [2] - Cash dividends for B-share shareholders will be directly credited to their accounts on June 30, 2025, and any tax issues must be resolved by July 31, 2025 [4][2] Group 3 - The company will assist in refunding any incorrectly withheld taxes for B-share shareholders who are not domestic individual shareholders or non-resident enterprises [4] - The cash dividend for B-share shareholders will be converted at the exchange rate published by the People's Bank of China on the ex-dividend date [2] - The company has provided contact information for inquiries regarding the dividend distribution [4]

Core Viewpoint - The article discusses the pricing control issues in the e-commerce sector of the Chengdu liquor industry, emphasizing the need for a systematic and sustainable pricing management framework to address problems like price chaos, unauthorized sales, and counterfeit products [1]. Group 1: Technical Solutions - Implementing a professional pricing control system to monitor actual prices across major e-commerce platforms and identify hidden discounting behaviors such as "post-coupon prices" and "bundle purchase discounts" [3]. - Utilizing a "one product, three codes" anti-counterfeiting traceability system to uniquely code each bottle of liquor, allowing precise tracking of product flow and effectively curbing cross-regional unauthorized sales [3]. Group 2: Legal Measures - Employing legal tools such as trademark, copyright, and patent infringement complaints to initiate takedown requests on platforms like Taobao, JD.com, and Pinduoduo, swiftly removing links to price violations [3]. - Collaborating with local law firms to send legal letters to repeat offenders and initiating rapid filing procedures through intellectual property courts to create a strong deterrent [3]. Group 3: Distributor Engagement - The core of pricing control lies in the willingness of distributors to cooperate, which can be achieved by aligning their interests with the brand for mutual benefit [5]. - Encouraging consumers to shift their focus from "price comparison" to "value perception" [5]. Group 4: Additional Strategies - Implementing a blockchain electronic authorization system to track distributor authorization status in real-time and prevent unauthorized use [7]. - Establishing a whitelist incentive mechanism to reward compliant distributors with rebates and priority supply [7]. - Utilizing an ERP system for inventory alerts to monitor stock levels and prevent malicious dumping due to hoarding [7]. - Launching exclusive online products to mitigate price conflicts between online and offline sales [7]. - Creating promotional content, such as short videos showcasing the liquor-making process, to enhance brand recognition and trust [7]. - Providing official authentication channels to reduce brand trust loss due to counterfeit misjudgments [7]. - Offering exclusive member services, such as price protection periods and value-added service packages, to decrease price sensitivity and enhance customer loyalty [7]. Group 5: Collaboration with Third-Party Services - Brands with limited resources can partner with specialized third-party pricing control service providers, such as Lishi Network Technology and Likong Technology, which have local practical experience to assist in pricing control [9]. Group 6: Comprehensive Defense System - The pricing control in Chengdu's liquor e-commerce sector in 2025 requires a comprehensive defense system that integrates "technology + law + channels + consumers" to fundamentally address issues of price chaos, unauthorized sales, and counterfeit products, thereby maintaining brand image and enhancing market competitiveness for sustainable development [12].

Core Viewpoint - Flanigan's Enterprises, Inc. has experienced significant stock appreciation following its latest quarterly results, outperforming the S&P 500 Index during the same period [1] Financial Performance - For the quarter ended March 29, 2025, Flanigan's reported total revenues of $53.6 million, an 11.6% increase from $48.1 million a year ago [2] - Net income attributable to BDL stockholders rose 38.5% to $2.7 million from $1.9 million, translating to earnings of $1.45 per diluted share, up 39.4% from $1.04 in the prior-year quarter [2] - Restaurant food and bar sales increased to $40.8 million, a 9.9% rise from $37.1 million, while package store sales surged 18.8% to $12.1 million from $10.1 million [2] Profitability and Margins - Gross profit from restaurant and bar operations increased 10.2% to $27.4 million, while package store gross profit rose 27.7% to $3.4 million [3] - The gross profit margin for restaurant food and bar sales increased to 67.23% from 67.09% year over year, and for package store sales, it rose to 28.06% from 26.11% [3] Pricing Strategy - Flanigan's implemented targeted menu price increases in late 2024 and early 2025 to counter inflationary pressures, with bar prices raised by approximately 5.63% in August 2024 and food prices by 4.14% in November 2024 [4] Operational Insights - The restaurant operations generated $4.7 million in operating income, up 18.6% from $4 million a year earlier, while the package store segment posted $1.3 million, up 67.1% from $0.8 million [5] - A new company-owned restaurant opened in Hollywood, FL in March 2024 contributed to revenue growth [6] Comparable Sales Growth - Comparable weekly restaurant food sales rose 5.9%, with company-owned restaurants seeing an 8.1% increase [7] - Weekly average same-store package liquor store sales increased 18.9% year over year [7] Future Outlook - Flanigan's anticipates continued revenue growth throughout fiscal 2025, driven by the full-year impact of price adjustments and stable demand [8] Cost Management - Payroll costs increased 8.1% to $16.2 million, but as a percentage of revenue, they declined to 30.2% from 31.1% year over year, indicating improved labor efficiency [10] - Overall costs as a percentage of total revenues decreased from 94.4% to 93.2% due to cost containment strategies [11] Capital Expenditures and Liquidity - Flanigan's invested $1.73 million in capital expenditures during the 26 weeks ended March 29, 2025, and entered a purchase agreement for baby back ribs valued at approximately $7.8 million for 2025 [13] - The company reported a healthy liquidity position with $22.9 million in cash as of March 29, 2025, up from $21.4 million as of September 28, 2024 [14]

Group 1 - The premier beer and liquor company's stock has increased over 130% from Covid lows due to heightened drinking rates among captive indoor audiences [1] - The analysis focuses on identifying high-yield investment opportunities for individual investors, emphasizing the importance of expert research [1] Group 2 - The company has a beneficial long position in the shares of DEO, indicating confidence in its future performance [2]

Meeting Overview - The shareholders' meeting of Kweichow Moutai Co., Ltd. was held on May 19, 2025, at the Moutai Conference Center in Renhuai City, Guizhou Province [1] - The meeting was convened by the board of directors and chaired by Chairman Zhang Deqin, following legal and regulatory requirements [1] Voting Results - All proposed resolutions were approved with significant majority votes, including: - A resolution with 911,255,695 votes in favor (99.8666%) [1] - Another resolution with 912,070,535 votes in favor (99.9559%) [1] - A resolution regarding the appointment of Tianjian Accounting Firm for the 2025 financial audit, approved with 907,643,926 votes in favor (99.4708%) [2] Shareholder Participation - The meeting included participation from ordinary shareholders and preferred shareholders with restored voting rights, excluding shares in the company's repurchase account [1] - The voting method combined on-site and online voting, ensuring compliance with the Company Law and Articles of Association [1] Legal Verification - The meeting was witnessed by lawyers from King & Wood Mallesons, confirming that the convening and procedures adhered to relevant laws and regulations [2]

转自：新华财经 5月15日，《2025凯度BrandZ最具价值全球品牌100强》榜单在沪发布。榜单显示，2025年，全球百强品 牌的总价值达到10.7万亿美元，同比增长29%，这一增长主要得益于科技驱动型品牌的强劲表现。在发 布活动现场，《世界品牌年鉴（2025）》全球品牌案例征集正式启动。 2025凯度BrandZ最具价值全球品牌10强 | 2025 年排名 | 品牌 | 2025 年品牌价值 ( 亿美元 ) | 价值同比变化 vs 2024( % ) | | --- | --- | --- | --- | | 1 | 苹果 | 12996.55 | +28% | | 2 | 谷歌 | 9441.37 | +25% | | 3 | 微软 | 8848.16 | +24% | | 4 | 亚马逊 1 | 8661.18 | +50% | | 5 | 英伟达 | 5094.42 | +152% | | ნ | Facebook | 3006.62 | +80% | | 7 | Instagram | 2289.47 | +101 % | | 8 | 麦当劳 | 2210.79 | 0% | | 9 | 甲骨文公 ...