1. Department: Adult Beverage

We’re selling the rest of a specialty retailer and putting more cash to work in a beer stock

Written by Posted on Less than 0 min read

Half the cash raised from this sale is funding our additional purchase of shares in a company better suited for the current market.

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. Trends & External Forces

How Congress and corporations can help stop inflation

View Original Article Economy Government 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 platforms. https://www.cnbc.com Do you like CNBC's articles? Follow on social!
< 1 min read
0
  1. Uncategorized

Trial canceled in Haslam family suit vs. Berkshire Hathaway over truck-stop company value

​[[“value”:”Warren Buffett’s Berkshire Hathaway was accused of using accounting that would diminish the value of the Pilot Travel Center stake owned by Jimmy Haslam and his family.”]]  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 […]
< 1 min read
0
  1. Holiday & Events

Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance

 Nordstrom said weak sales and a ton of markdowns hurt its results during the holiday season.  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 355 […]
< 1 min read
0
  1. Corporate Strategy

Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12%

Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years. View Original Article Executives Economy 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: Drug

Walgreens beats sales expectations, as it expands its health-care business

Walgreens’ profit outlook for the new fiscal year is largely in line with Wall Street’s expectations. View Original Article Editor's Choice Walgreens 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 financial market coverage and business content consumed […]
< 1 min read
0
  1. Corporate Finance

Here are our top 5 performing stocks from October to Wednesday’s Monthly Meeting

​ ​  ​[[“value”:”Since the Investing Club’s October Monthly Meeting, the stock market has been moving higher.”]]  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 coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Trends & External Forces

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation. View Original Article Walmart Dept. Grocery Economy Shoppers 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 market coverage and business […]
< 1 min read
0
  1. Associates & Employees

Since June, Feds have seized nearly $1 billion in goods tied to forced labor

[[“value”:”Companies are losing millions of dollars while their goods remain in custody at ports.”]]  View Original Article Associates 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 […]
< 1 min read
0
  1. Associates & Employees

Starbucks to hike wages, double training for workers as CEO Schultz tries to head off union push

Starbucks said it will hike wages for tenured workers and double training for new employees as it seeks to beat back the union push from its baristas. View Original Article Associates Executives Restaurants 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. Associates & Employees

Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround

Peloton is sweetening the pot for its workers with one-time cash bonuses and changes to its stock compensation plan, according to internal memos. View Original Article Associates 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

The Club had a busy week of trades as the stock market recovered. Here’s a run-down

​[[“value”:”We made eight trades — including exiting one chipmaker, while further expanding our position in another.”]]  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 coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Partnerships & Alt Profit

Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

​   ​  Golden State Warriors icon Steph Curry agreed to extend his already 10-year-old partnership with Under Armour.    View Original Article Partnerships 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. Trends & External Forces

Ex-employee’s lawsuit accuses Stew Leonard’s boss of making racist, sexist, anti-Semitic remarks

A former employee accused Stew Leonard’s and CEO Stew Leonard Jr. of creating a hostile work environment. View Original Article Executives Sustainability 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. Corporate Strategy

Bath & Body Works CEO Andrew Meslow to step down due to health reasons

Meslow will also be leaving his position as a member of Bath & Body Works’ board. View Original Article Executives Health & Wellness 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. Corporate Strategy

Peloton CEO says he was surprised by how deep some issues ran at the company

“The nature of turnarounds is they are full of surprises,” Peloton CEO Barry McCarthy told analysts on Tuesday, during his first conference call at the company. 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 […]
< 1 min read
0
  1. Channel: Mass

Walmart’s lousy quarter has us looking to exit our position in the retailer

We aren’t very interested in waiting around for management to show us that they can turn things around. So we’re downgrading the stock to a 3 rating. View Original Article Walmart 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

Investing Club mailbag: Why do some companies have weird fiscal years that don’t align with the calendar?

​[[“value”:”Most companies align their fiscal years with the calendar year. Others do not. Understanding some Wall Street shorthand can help simplify things.”]]  View Original Article Economy 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. Channel: Restaurants

Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth’s Chris deal

​ ​[[“value”:”Darden Restaurants believes that fine-dining restaurants’ sales growth will outpace that of casual-dining eateries through 2026.”]]  View Original Article Restaurants 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 market coverage and business content consumed by more than […]
< 1 min read
0
  1. Associates & Employees

Walmart, Chipotle are splitting the wealth of a record stock market in a way they haven’t in decades

Walmart and Chipotle are splitting stock for the first time in decades. With large lower-wage workforces, they say getting shares to employees is a priority. View Original Article Associates Restaurants Results & Investment Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
Next