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Constellation Brands, Inc. (NYSE: STZ) Showcases Strong Financial Performance in Q3 Fiscal 2026
Financial Modeling Prep· 2026-01-08 04:00
Earnings Per Share (EPS) of $3.06, surpassing the estimated $2.65.Revenue reached approximately $2.22 billion, exceeding expectations.Notable gains in the Beer Business segment and continued outperformance in the Wine and Spirit Business.Constellation Brands, Inc. (NYSE:STZ) is a leading company in the beverage alcohol industry, known for its production and marketing of beer, wine, and spirits. Operating in the U.S., Mexico, New Zealand, and Italy, STZ is committed to building beloved brands and delivering ...
Year-in-Review: Top Blue-Chip Losers for 2025 — Opportunity?
The Smart Investor· 2025-12-23 23:30
Has the stock market gotten it wrong?The Straits Times Index (SGX: ^STI) has been on a bull run in 2025, rising by over 21% year-to-date (YTD) as of 15 December 2025. Yet, three blue-chip stocks have seen their stock price languish, trailing the broader market.But it can also spell opportunity.Let’s examine what’s really happening beneath the surface.Thai Beverage (SGX: Y92): Total Returns -11.1% YTDThai Beverage, or ThaiBev, is one of Southeast Asia’s largest beverage companies, with a portfolio spanning s ...
Uber Expands Regional Grocery and Alcohol Selection with Stater Bros., Kowalski's, and Big Red Liquors
Prnewswire· 2025-12-11 20:00
New partnerships highlight Uber's growing investment in beloved local and regional retailers SAN FRANCISCO, Dec. 11, 2025 /PRNewswire/ -- Uber (NYSE:UBER) today announced new regional additions to the Uber and Uber Eats apps with Stater Bros. Markets, Kowalski's Markets, and Big Red Liquors this month, further expanding the platform's growing network of local grocery and alcohol retailers across the U.S. This month customers in Southern California, Minnesota, and the Midwest can soon shop even more trusted ...
Diamond Estates Wines & Spirits Announces Share Issuances
Newsfile· 2025-12-05 22:00
Core Points - Diamond Estates Wines & Spirits Inc. issued 679,928 common shares at a deemed price of $0.21 per share as part of the acquisition of Perigon Beverage Group, marking the second tranche of share issuances based on gross margin earnouts [1] - The company also issued 254,885 common shares to 2RL Capital at a deemed price of $0.196 per share for ongoing services related to the Perigon acquisition [2] - A shareholder meeting is scheduled for December 22, 2025, with a strong encouragement for disinterested shareholders to vote in advance [3] Company Overview - Diamond Estates Wines & Spirits Inc. is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada, operating four production facilities [4] - The company’s wine portfolio includes renowned brands from various countries, such as Fat Bastard from France and Kaiken from Argentina [6] - The spirits portfolio features distinguished brands like Tag Vodka and Ginslinger Gin from Ontario, as well as international brands from Mexico, Scotland, and the USA [7] - In the beer, cider, and ready-to-drink categories, the company represents products from Ontario, Belgium, the Netherlands, and Germany [8]
Diageo Lowers Guidance, Citing Lower China Spirit Sales
WSJ· 2025-11-06 08:13
Group 1 - Organic net sales growth for the 2026 fiscal year is projected to be flat to slightly down [1] - Organic operating profit growth is expected to be in the low to mid-single digit range [1]
Heineken: Q3 Resilience, CMD Upside, And Attractive Valuation (OTCMKTS:HEINY)
Seeking Alpha· 2025-10-25 16:37
Core Insights - Heineken's Q3 results indicate a softening in the spirits and beer market, with ongoing pressure noted among lower-middle-income consumers and specific demographic groups [1] Company Performance - Heineken's performance in Q3 reflects broader industry trends, with a noted decline in demand for both spirits and beer [1] Market Trends - The overall beverage industry is experiencing challenges, particularly affecting lower-middle-income consumers, which may impact future sales and growth prospects for companies like Heineken [1]
Heineken: Q3 Resilience, CMD Upside, And Attractive Valuation
Seeking Alpha· 2025-10-25 16:37
Core Insights - Heineken's Q3 results indicate a softening in the spirits and beer market, with ongoing pressure noted among lower-middle-income consumers and specific demographic groups [1] Company Performance - Heineken's performance is being analyzed in the context of its recent Q3 results and Capital Markets Day, highlighting the challenges faced in the current market environment [1] Market Trends - The overall trend in the spirits and beer industry shows a decline, affecting various companies, including Heineken, as they navigate consumer behavior changes [1]
Majestic touches down in Truro to open first new Cornish store since 2012
Retail Times· 2025-10-17 09:26
Core Insights - Majestic, the UK's largest specialist wine retailer, has opened its first new store in Cornwall in over 13 years, marking a significant step in its expansion plans across the UK [1][2] Store Details - The new store in Truro is Majestic's second in Cornwall, following the Falmouth location opened in August 2012 [2] - The store occupies a 5,100 sq ft space, previously an Iceland supermarket, and features over 1,200 wines, including a dedicated area for 72 Fine Wines, as well as beers, spirits, and snacks [3] Customer Experience - Majestic offers free wine tastings seven days a week at the in-store Tasting Counter, with staff trained through the Wine and Spirit Education Trust (WSET) providing expert advice [4] - Additional services include free glass hire, bespoke wedding tastings, and a 'No Quibble Guarantee' for wine returns [5] E-commerce and Local Services - Online shoppers can access Majestic's full range with free next-day delivery and a 'Shop Local' option for real-time stock availability at the Truro store [6] B2B Expansion - The new store will support Majestic's B2B division, Majestic Commercial, which supplies wines to over 3,300 hospitality venues across the UK, including notable clients like Manchester City Football Club [7] Strategic Growth - The Truro launch is part of a broader expansion strategy for Majestic Wine Group, which includes the recent acquisition of Vagabond and plans for new urban winery locations [8][9] - Since its acquisition by Fortress Investment Group in December 2019, Majestic has opened over 20 new stores and significantly increased sales in its commercial business [9] Management Perspective - The managing director expressed excitement about the Truro location, highlighting the opportunity to serve the local wine-loving community [10]
Weak Chinese and US markets weigh on Pernod Ricard Q1 sales
Reuters· 2025-10-16 05:37
Core Viewpoint - Pernod Ricard anticipates sales improvement in fiscal year 2026 despite a reported 7.6% decline in first quarter sales due to weak consumer demand and destocking in China and the United States [1] Sales Performance - The company reported a 7.6% decrease in first quarter sales [1] - The decline is attributed to weak consumer demand and destocking activities in key markets such as China and the United States [1] Future Outlook - Despite the current decline, the company maintains a positive outlook for sales improvement in fiscal year 2026 [1]