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Coca-Cola Dives Deeper Into Alcohol: Absolut Vodka Meets Sprite - A Stock Boost Ahead Of Earnings?
Wednesday, October 18, 2023 - 11:24am | 888Beverage giant Coca-Cola (NYSE: KO) is one of several beverage and food stocks that have been hit due to potential concerns from weight loss drugs hurting sales. Ahead of its quarterly earnings report, the company announced another venture into the alcoholic beverage category. What Happened: For...
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Bored Ape Yacht Club Hard Seltzer Coming: Here Is Who's Behind New Drink
Friday, August 12, 2022 - 11:03am | 737A hard seltzer featuring a Bored Ape Yacht Club NFT hit stores Thursday. Here’s a look at the Bored Ape used and the company behind the product. What Happened: Happy Dad launched a new banana-flavored hard seltzer beverage in stores. Happy Dad is owned by Nelk, also known as Nelk...
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If You Invested $1,000 In Boston Beer Stock When Truly Hard Seltzer Was Launched, Here's How Much You'd Have Now
Thursday, July 21, 2022 - 7:34pm | 624Well-known for its flagship Samuel Adams beer brand, the Boston Beer Company Inc (NYSE: SAM) is the owner of a portfolio of brands that includes Twisted Tea and Truly Hard Seltzer. Here’s a look at how the company’s stock has performed since the launch of Truly, one of the top hard...
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Move Over Hard Seltzer: Could Jack And Coke Be The Next Hot Canned Beverage?
Monday, June 13, 2022 - 11:41am | 682One of the most iconic and well-known mixed alcoholic beverages of all time is set to enter the ready-to-drink category thanks to a partnership between two historic beverage companies. Here are the details. What Happened: Beverage giants Coca-Cola (NYSE: KO) and Brown Forman Inc (NYSE: BFA)(NYSE:...
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Here's What Anheuser Busch Will Be Advertising During Super Bowl LVI (Hint: It's Not Bud Light)
Wednesday, January 26, 2022 - 1:13pm | 358Many viewers tune into the Super Bowl to see an exciting football game between two of the best teams from the National Football League. The game also gets viewers that tune in for the halftime show and for the commercials. Here’s a look at what Anheuser-Busch InBev (NYSE: BUD) has in store...
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Monster Buying Top 10 Craft Beer Brewer: What Investors Should Know
Thursday, January 13, 2022 - 12:41pm | 392A leading energy drink company is pushing into craft beer with the acquisition of a top 10 national craft beer brewing company. Here’s the details. What Happened: Monster Beverage Corp (NASDAQ: MNST) announced the acquisition of CANarchy Craft Brewery Collective for $330 million....
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Hard Mountain Dew Seltzer Coming: Will Customers And Investors Give The Drink A Chance?
Tuesday, August 10, 2021 - 4:30pm | 640One of the most popular carbonated soft drinks is getting entry into the fast-growing hard seltzer market thanks to a partnership between two beverage giants. What Happened: A partnership between Boston Beer Company Inc (NYSE: SAM) and PepsiCom, Inc. (NYSE: PEP) will produce the launch of HARD...
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Watch Out Truly, Pepsi Could Be Launching A Hard Seltzer Soon
Friday, June 18, 2021 - 6:05pm | 425One of the largest beverage companies in the world could be launching products to take part in one of the fastest-growing beverage categories, hard seltzers. What Happened: A filing by PepsiCo, Inc. (NYSE: PEP) on June 14 is seeking to use the Rockstar name for beer and hard seltzer, Bloomberg...
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Jim Cramer Cheers Boston Beer Company And Truly
Friday, April 23, 2021 - 11:47am | 237Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...
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Anheuser Busch's CEO On Hard Seltzer: 'Gift For The Beer Industry'
Thursday, March 18, 2021 - 9:34am | 384Seltzer is among the fastest-growing categories within the beer, spirits and wine category and should continue growing at a double-digit pace in 2021, Anheuser Busch Inbev SA (NYSE: BUD) CEO Michel Doukeris said Wednesday on CNBC's "Closing Bell." What Happened: Ab-InBev launched...
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Morgan Stanley Cheers Boston Beer Company And Its 'Compelling Long-Term Growth Story'
Monday, March 1, 2021 - 1:28pm | 399Sam Adams beer maker and Truly hard seltzer's parent company Boston Beer Company Inc (NYSE: SAM) offers investors an under-appreciated but "compelling long-term growth story," according to Morgan Stanley. The Boston Beer Company Analyst: Filippo Falorni initiated coverage of Boston...
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Stock Wars: Coca-Cola Vs. Pepsi
Sunday, January 24, 2021 - 8:48am | 881Comb through the annual reports of Coca-Cola and Pepsi, and you will see the two rivals list one another as their main competition. White both are giants in the beverage field, there is one key difference, which could be the reason to pick one over the other. About Coca-Cola: Sparkling soft drink...
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Molson Coors CEO Talks New Coca-Cola Partnership: 'A Really Strong Portfolio'
Thursday, October 1, 2020 - 3:55pm | 411Beer maker Molson Coors Beverage Co (NYSE: TAP) and Coca-Cola Co (NYSE: KO) struck an agreement this week, and it should give Molson leadership status in the seltzer market, CEO Gavin Hattersley said Wednesday on CNBC's "Closing Bell." Financial Benefits For Molson: Molson will...
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Molson Coors Continues Hard Seltzer Push With Coca-Cola Topo Chico Deal
Tuesday, September 29, 2020 - 1:05pm | 416One of the largest beer companies in the United States signed a deal with Coca-Cola to distribute its upcoming hard seltzer brand Topo Chico. What Happened: Molson Coors Beverage Company (NYSE: TAP) announced an exclusive partnership with Coca-Cola Company (NYSE: KO) to manufacture, market and...
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Coca-Cola's First Alcoholic Drink Since The 80s To Debut Early Next Year: CEO
Tuesday, September 22, 2020 - 4:40am | 364During a discussion with Mad Money show host Jim Cramer, Chief Executive Officer of Coca-Cola Co (NYSE: KO) James Quincey cleared the air about its new product. Quincey clarified that the company’s Hard Seltzer drink is estimated to be released sometime in the first half of 2021....