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Constellation Brands stock sinks 7% after releasing disappointing 2019 outlookConstellation Brands reported third-quarter earnings Wednesday morning before the bell. TrueBubbleHead !!
Source: CNBC - 🏆 12. / 72 Read more »
Constellation Brands CEO casts stock drop as 'total overreaction,' says he recently bought sharesJim Cramer hears from Constellation Brands' outgoing and incoming CEOs after the alcohol distributor disappointed Wall Street with its 2019 forecast. Well, the stock is way off its high of about $225 so if he bought last week it might have seemed like the downside was limited. But perhaps he wasn’t paying attention to the fact WS is pummeling stocks that miss on revenue. I think the cbd bet is premature...the real growth is in US hemp farming and production ... Every crony capitalist will have the same or similar reaction.
Source: CNBC - 🏆 12. / 72 Read more »
Constellation finds pipe dreams and debt don’t mixHigher costs and slower shipments hit the Modelo brewer’s earnings. The real driver of value ought to be its 38 pct stake in weed grower Canopy. But valuing its future potential is nigh impossible – whereas the debt Constellation used to fund its cannabis punt is all too real.
Source: Breakingviews - 🏆 470. / 51 Read more »
Corona-maker focuses on premium winesCorona-maker Constellation Brands is getting dragged down by inexpensive wine. But it's hoping more premium products will help turn things around. Kim Crawford wine is 🤮🤮🤮 Wine sales doubled in Canada this last year 😜 Who's paying for these changes, Mexico? Please don't mess with my Corona. How else am I going to feel like I'm on the beach while at the bar?
Source: CNN - 🏆 4. / 95 Read more »
These Five Brands Of Dental Floss May Expose People To Harmful Chemicals, Study FindsPFAS “forever chemicals” are found in many consumer products, including nonstick cookware, carpets, and easy-glide floss. Screenshotting this for the next time my dentist asks me why I haven’t been flossing. MarkAShanahan then i was right with my dentist all along
Source: BuzzFeed - 🏆 730. / 51 Read more »
A New #FlagshipFebruary Campaign Aims To Save Core Beer Brands Before They DisappearNoted beer writer Stephen Beaumont encourages bars and breweries to showcase their standard fare That beer I’ve seen my whole life and bought one time
Source: Forbes - 🏆 394. / 53 Read more »
A New #FlagshipFebruary Campaign Aims To Save Core Beer Brands Before They DisappearNoted beer writer Stephen Beaumont encourages bars and breweries to showcase their standard fare SN needs to be better. No point complaining when others are making better product. That’s business. The best win. It’s like bars or hotels. New ones get a lot of new business. Classics retain a base over time. Those that aren’t good enough die. Two things that do not need nostalgia, failed socialism and bad tasting beer. 👁️🙂🙂
Source: Forbes - 🏆 394. / 53 Read more »
DTC brands are shaking up retail by providing great customer experience — here's how big brands like Mastercard and MetLife are fighting backEstablished brands including Mastercard, MetLife, and Marriott, have appointed chief experience officers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UPDATE: Tailored Brands lowers Q4 guidance as Jos. A. Bank sales fall short, shares slideTailored Brands Inc.'s shares slid 11% premarket Monday, after the company lowered its fourth-quarter guidance, saying same-store sales at its Jos. A. Bank mens clothing chain came in below expectations. The company, which also operates Men's Wearhouse, K&G and Moores, said it now expects Jos. A. Bank same-store sales to be flat, versus prior guidance of up in the low single digits. Same-store sales for November and December fell 1.4%, as sales at Jos. A. Bank fell 0.1% and sales at Men's Wearhouse fell 3.6%. The company expects its overall adjusted per-share loss to range from 29 cents to 34 cents, versus prior guidance of a loss of 24 cents to 29 cents. Full-year fiscal 2018 adj. EPS is expected to range from $2.25 to $2.30 compared with prior guidance of $2.30 to $2.35. Shares have fallen 33.9% in the last 12 months, while the S&P 500 has fallen 6.8%.
Source: MarketWatch - 🏆 3. / 97 Read more »
An Island Crusader Takes On The Big Brands Behind Plastic WasteEvery year, 8 million tons of plastic wash into the oceans. The biggest sources are in Asia. In the Philippines, one man is going head-to-head with multinational corporations to stop the plastic tide. nprscience WanderNWoodsman nprscience Real men don’t use plastic razors, Gillette nprscience I think this picture is from the border and that trash is what has been left in their flee across it
Source: NPR - 🏆 96. / 63 Read more »