1. CPG: Adult Beverage

Constellation Brands beats on earnings as Modelo-fueled beer momentum continues

Written by Posted on Less than 0 min read

​[[“value”:”Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.”]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Holiday & Events

The ‘gold standard’ for holiday purchases has ‘a huge drawback,’ analyst says — but it may still be the best way to pay on Black Friday

How you pay for your holiday purchases may be just as important as how much your spend. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Department: Consumer Durables

This startup wants to curb fast fashion by helping you rent out your closet

​[[“value”:”The startup By Rotation aims to end the fast-fashion market and challenge clothing rental competitors by helping users rent out their own closets.”]]  View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Restaurants

Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales

​Darden’s Olive Garden had a weaker-than-expected quarter, but LongHorn Steakhouse reported strong same-store sales growth.  View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Department: Consumer Durables

Sotheby’s leans into sports with auctions of Jordan shoes, Ali trunks and Kobe jersey

Sotheby’s is holding its inaugural “Sports Week,” as demand for sports collectibles from the likes of Michael Jordan and Muhammad Ali grows. View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Corporate Finance

Panera Bread terminates SPAC deal with Danny Meyer’s investment group

Danny Meyer’s SPAC and Panera Bread have called off their investment deal, citing market conditions. View Original Article Results & Investment Restaurants Dept. Bakery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Mass

Target shares jump after retailer posts a big earnings beat, even as sales fall again

​ ​  ​[[“value”:”Target is still catering to shoppers who are hungry for deals and aren’t buying much more than the necessities.”]]  View Original Article Target Results & Investment Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Corporate Finance

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning after the world’s largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Trends & External Forces

‘Porch pirates’ stole an estimated 260 million packages in the last year. How to prevent theft on your doorstep

Package theft is expected to continue rising as more goods are purchased online and delivered to homes, experts say. View Original Article Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Media & Marketing

We’re taking a tough loss to avoid giving back a 40% rally and plan to use the cash elsewhere

​[[“value”:”From a portfolio management perspective, we’re taking advantage of this broader market strength to sell a “loser” position.”]]  View Original Article Marketing: In Store CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Shopper & Customer

Consumer spending is slowing, but these two Club retailers are well-positioned to ride out the storm

​[[“value”:”American consumers are continuing to rein in spending amid growing concerns over the health of the U.S. economy, putting further pressure on the retail sector.”]]  View Original Article Consumers Economy Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Restaurants

Restaurant Brands earnings beats estimates, fueled by Tim Hortons’ and Burger King’s strong sales

​ ​[[“value”:”Burger King’s U.S. same-store sales climbed 8.7%, an early sign that its turnaround is taking hold.”]]  View Original Article Restaurants Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Uncategorized

Here’s how we navigated three sessions of SVB-sparked chaos and Tuesday’s bounce

​   ​  We sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank.    View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Strategy

GameStop names Ryan Cohen as CEO effective immediately, won’t receive salary

​[[“value”:”The move comes more than three months after GameStop fired CEO Matthew Furlong.”]]  View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Uncategorized

Washington Commanders near a deal to sell to 76ers owner for around $6 billion

[[“value”:”The deal would represent a record price for a North American sports franchise.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. CPG: HBC

Higher prices help Procter & Gamble offset commodity costs, but Tide maker warns of more challenges

Procter & Gamble reported mixed results for its fiscal fourth quarter and warned it expects “significant headwinds” to persist in its fiscal 2023. View Original Article Procter & Gamble Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Holiday & Events

Inflation fears spur shoppers to get an early jump on the year-end holidays

The holiday season is still months away, but consumers are already worried about paying for this year’s gifts. View Original Article Economy Shoppers Holiday & Events Dept. Nonfood Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Beverage

How Nescafé came to dominate the instant coffee market

With 25 factories globally, Nescafé is sold in 180 countries. Worldwide one in seven cups of coffee consumed is a Nescafé. View Original Article Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Data & Insights

Il Makiage parent Oddity buys biotech startup Revela to design new molecules for beauty products

​[[“value”:” Courtesy: Oddity The beauty and wellness platform behind Il Makiage and Spoiled Child is investing more than $100 million to acquire a biotech startup and open a U.S.-based lab in a bid to make the most effective cosmetic products on the market, the company announced Thursday. Oddity is buying startup Revela for $76 million, […]
3 min read
0
  1. Corporate Finance

$2.5 billion wiped from Peloton’s market value as shares tumble below IPO price

Peloton’s stock hit an all-time intraday high of $171.09 on Jan. 14 of last year. View Original Article Results & Investment Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. CPG: HBC

Procter & Gamble sales rise slightly, fueled by higher prices

​[[“value”:”The Tide detergent maker also issued guidance for the new fiscal year that came in under Wall Street’s expectations.”]]  View Original Article Economy Procter & Gamble CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
Next