Zacks Industry Outlook Highlights Anheuser-Busch, Constellation, Molson Coors, Boston Beer and Duckhorn

Zacks11-21 21:42

For Immediate Release Chicago, IL – November 21, 2024 – Today, Zacks Equity Research discusses Anheuser-Busch InBev BUD, Constellation Brands Inc. STZ, Molson Coors TAP, The Boston Beer Company Inc. ...

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STZ, Molson Coors TAP, The Boston Beer Company Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-industry-outlook-highlights-anheuser-134200773.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zacks Industry Outlook Highlights Anheuser-Busch, Constellation, Molson Coors, Boston Beer and Duckhorn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZacks Industry Outlook Highlights Anheuser-Busch, Constellation, Molson Coors, Boston Beer and Duckhorn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 21:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/zacks-industry-outlook-highlights-anheuser-134200773.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Immediate Release\nChicago, IL – November 21, 2024 – Today, Zacks Equity Research discusses Anheuser-Busch InBev BUD, Constellation Brands Inc. STZ, Molson Coors TAP, The Boston Beer Company Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-industry-outlook-highlights-anheuser-134200773.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_ES","symbol_name":"SP500指数","start_time":0,"source_url":"https://finance.yahoo.com/news/zacks-industry-outlook-highlights-anheuser-134200773.html","article_id":"2485413136","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/TmOJkok7iucC6fhmdjRi1Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3f2cc7de57478dc2eccb0e19f52c0d63"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485413136","pubTimestamp":1732196520,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – November 21, 2024 – Today, Zacks Equity Research discusses Anheuser-Busch InBev BUD, Constellation Brands Inc. 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STZ, Molson Coors TAP, The Boston Beer Company Inc. SAM and The Duckhorn Portfolio NAPA.\nIndustry: Alcoholic Beverages\nLink: https://www.zacks.com/commentary/2372530/5-beverages---alcohol-stocks-holding-strong-amid-industry-challenges\nPlayers in the Zacks Beverages – Alcohol industry are grappling with inflation and rising costs for commodities and logistics, leading to increased operational expenses from heightened advertising and marketing spend. These elevated costs are likely to persist and may squeeze the profit margins of alcohol producers.\nDespite these challenges, the industry is benefiting from the demand for premium, high-quality products and innovative spirits. Strong momentum in spirits and ready-to-drink (RTD) cocktails is driving growth. Investments in product innovation, premiumization and technology platforms position companies like Anheuser-Busch InBev, Constellation Brands Inc., Molson Coors, The Boston Beer Company Inc. and The Duckhorn Portfolio for continued success.\nAbout the Industry\nThe Zacks Beverages – Alcohol industry mainly comprises producers, importers, exporters, marketers and sellers of alcoholic beverages like beer, craft beer, ciders, wine, rum, whiskey, liqueurs, vodka, tequila, champagnes, brandy, amaretto, RTD cocktails and malt. Some industry players also produce and sell non-alcoholic beverages like carbonated soft drinks, sparkling waters, bottled water, energy drinks, powdered and natural juices, and RTD teas.\nThe companies sell products through wholesalers and retailers like supermarkets, warehouse clubs, grocery stores, convenience stores, package stores, drug stores and other retail outlets. The industry participants also sell beer directly to consumers in cans and bottles at restaurants, pubs, bars and liquor stores. Some brewers operate brewpubs or taste rooms at breweries, offering consumers the freshest beer.\nWhat's Shaping the Future of Beverages - Alcohol Industry\nElevated Costs: Players in the alcohol industry have been enduring pressures from the ongoing impacts of inflationary labor, transportation and commodity costs. The industry players have been experiencing elevated ingredient and other input costs. Fluctuating prices of raw materials, such as grains and fruits, have been the key deterrents.\nAdditionally, elevated expenses for shipping and freight, labor, trucking, fuel, co-packing fees, and secondary packaging materials have been leading to increased costs of sales and higher operating costs. These have been resulting in adverse gross and operating margins for beverage companies.\nApart from elevated input and packaging costs, players in the alcohol industry are anticipated to witness higher advertising and promotional expenses, as well as SG&A expenses, further threatening profitability. Rising brand investments, particularly in media, advertising, production and local marketing, and increased freight to distributors due to higher volumes are resulting in elevated advertising, promotional and selling expenses.\nGrowing external costs, increased compensation expenses and higher discretionary spending are expected to drive SG&A deleverage. Most industry players expect the trend to continue in the near term, impacting profitability to some extent.\nE-Commerce Development & Pricing Gains: Alcohol companies are capitalizing on growth of e-commerce and market recovery, leading to increased volumes. Investments in online and e-commerce platforms have become more significant, with companies adopting advanced technologies to enhance customer engagement.\nThe expansion of digital capabilities and market recovery position alcohol companies well for growth. Price increases and supply productivity savings are helping counteract cost inflation. Strong marketing strategies and effective commercial execution are also driving sales for alcohol beverage companies.\nPremiumization & Product Diversification: Premiumization has been driving growth in the alcohol sector as consumers seek new and refreshing tastes. Beverage companies are expanding their product lines to capture more sales, with a notable increase in demand for premium and high-end products. The market is evolving, with a rise in craft spirits, low-alcohol and non-alcoholic options.\nThis transformation has led companies to explore beyond traditional categories like beer, whiskey, spirits and wine. Popular trends now include RTD spirits, such as canned wine and cocktails, hard seltzers, cider, and flavored malt beverages. To align with consumer preferences, companies are focusing on innovation and new product offerings.\nZacks Industry Rank Indicates Dull Prospects\nThe Zacks Beverages – Alcohol industry is a 17-stock group within the broader Zacks Consumer Staples sector. The industry currently carries a Zacks Industry Rank #222, placing it at the bottom 11% of more than 250 Zacks industries.\nThe group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates dull near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.\nThe industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential.\nBefore we present a few stocks that you may want to consider for your portfolio, let us take a look at the industry’s recent stock-market performance and valuation picture.\nIndustry Underperforms S&P 500\nThe Zacks Beverages – Alcohol industry has underperformed the broader sector and the S&P 500 in the past year.\nThe stocks in the industry have collectively declined 14% in the past year, while the Zacks Consumer Staples sector has risen 5.5%. Meanwhile, the Zacks S&P 500 composite has rallied 30%.\nBeverages - Alcohol Industry's Valuation\nBased on the forward 12-month price-to-earnings (P/E) ratio, commonly used for valuing Consumer Staples stocks, the industry is currently trading at 16.07X compared with the S&P 500’s 22.22X and the sector’s 17.27X.\nOver the last five years, the industry traded as high as 26.83X, as low as 16.07X and at the median of 21.01X.\n5 Alcohol Beverages Stocks to Keep a Close Eye On\nNone of the stocks in the Zacks Beverages – Alcohol space currently sports a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy). However, we have selected five stocks with a Zacks Rank #3 (Hold) to watch from the same industry. You can see the complete list of today’s Zacks #1 Rank stocks here.\nLet us have a look at the companies.\nAnheuser-Busch InBev: Also known as AB InBev, the company is a global brewing leader with a portfolio of more than 500 iconic brands. BUD’s strong market presence and global footprint provide economies of scale and support growth of multi-country brands. The company continues to benefit from robust consumer demand, strategic investments and a focus on digital transformation. Premiumization in the beer industry has also been a key growth driver.\nAB InBev is steadfastly expanding its Beyond Beer portfolio, including RTD beverages like canned wine, cocktails, hard seltzers, cider and flavored malt beverages, further contributing to revenue growth. The Zacks Consensus Estimate for AB InBev’s 2024 sales and earnings suggests growth of 2.2% and 12.5% from the year-ago period’s reported figure. The consensus mark for the company’s 2024 earnings has moved up by a penny in the past seven days. BUD has declined 9.6% in the past year.\nConstellation Brands: Based in Victor, NY, this is the third-largest beer company and a leading high-end wine producer in the United States, driven by a focus on brand building and innovation. STZ continues to benefit from its premiumization strategy, with strong performance from the Modelo and Corona brand families, and growth in its Power Brands.\nThe beer segment has seen robust gains in premium offerings, including traditional beer, flavored varieties, seltzers, RTD spirits and flavored malt beverages. Investments in innovation and consumer trends have fueled the success of product launches while the company advances plans for capacity expansion in Mexico.\nConstellation Brands' digital business has also thrived on platforms like Instacart, Drizly and other retailer websites, catering to consumers' preference for convenience — a trend expected to persist. The Zacks Consensus Estimate for STZ’s fiscal 2024 earnings per share has been unchanged in the past 30 days. The consensus estimate for fiscal 2024 sales and earnings suggests growth of 4.5% and 12.5%, respectively, from the year-ago period’s reported figures. The STZ stock has risen 2.6% in the past year.\nMolson Coors: The stock of this Chicago, IL-based leading beverage company has risen 2% in the past year. TAP is on track with its revitalization plan, focused on achieving sustainable top-line growth by streamlining its organization and reinvesting resources into its brands and capabilities. Investments, partnerships and product launches, which are part of its revitalization plan, have been aiding the company.\nMolson Coors has been committed to increasing its market share through innovation and premiumization. Intending to accelerate portfolio premiumization, TAP has been aggressively growing its above-premium portfolio in the past few years. The Zacks Consensus Estimate for Molson Coors’ 2024 EPS has moved up by a penny in the past 30 days. The consensus estimate for 2024 earnings suggests growth of 6.5% from the year-ago period’s reported figure.\nBoston Beer: The company is the largest premium craft brewer in the United States, boasting a strong portfolio of globally recognized brands. It produces beer, malt beverages and cider at its breweries and through contracts. Its emphasis on pricing, product innovation, non-beer category growth and brand development is expected to enhance the operational performance and market position. SAM is driving growth in its Beyond Beer segment, which is outpacing the traditional beer market, a trend projected to continue for years.\nSAM has been committed to a three-point growth strategy — revitalizing the Samuel Adams and Angry Orchard brands, implementing cost-saving measures, and fostering long-term innovation. Savings from efficiency initiatives are reinvested in brand development to fuel growth. The Zacks Consensus Estimate for Boston Beer’s 2024 earnings suggests growth of 39.1% from the year-ago period’s reported figure. The consensus mark for the company’s 2024 earnings has moved up 2.6% in the past 30 days. SAM has declined 7.6% in the past year.\nDuckhorn: The company, formerly known as Mallard Intermediate, Inc., produces and sells wines in North America. Duckhorn’s brand equity, diversified omni-channel platform and highly flexible supply chain position it to capitalize on the heightened interest and demand for high-quality wine. These have also been aiding NAPA’s sales and volume growth.\nThe Saint Helena, CA-based company sells wines to distributors. NAPA also sells the same directly to retail accounts and consumers. The Zacks Consensus Estimate for Duckhorn’s fiscal 2024 sales and earnings suggests growth of 20.5% and 5%, respectively, from the year-ago period’s reported figures. The consensus mark for fiscal 2024 earnings has been unchanged in the past 30 days. NAPA has risen 9.6% in the past year.\nWhy Haven't You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMolson Coors Beverage Company (TAP) : Free Stock Analysis Report\nConstellation Brands Inc (STZ) : Free Stock Analysis Report\nAnheuser-Busch InBev SA/NV (BUD) : Free Stock Analysis Report\nThe Boston Beer Company, Inc. (SAM) : Free Stock Analysis Report\nThe Duckhorn Portfolio, Inc. (NAPA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485413136"}