beverage

Keurig Dr Pepper Inc. (NASDAQ:KDP) shares moved higher Tuesday even as executives warned that cost pressures will likely weigh on performance in the near term. • Keurig Dr Pepper shares are climbing with conviction. What’s driving KDP stock higher? Investors balanced solid...

Starbucks Corp. (NASDAQ:SBUX) is considering selling a minority stake in its China business to an outside investor as part of efforts to reinvigorate growth in the region, according to the company's CEO. What Happened: Starbucks’ CEO, Brian Niccol, revealed in an interview with the Financial...

Safety Shot Inc. (NASDAQ:SHOT) shares traded lower on Monday after the company’s CEO provided several business updates about its production, distribution and revenue traction. What To Know: The company launched its Sure Shot product on Amazon in November 2023, which sold out within a few...

Beverage maker Keurig Dr Pepper Inc. (NASDAQ:KDP) exceeded analyst expectations in the fourth quarter as its “consumer-obsessed brand building” initiatives paid off. The firm said it “capitalized” on the dirty soda’s popularity with the help of social media. What...

I’m by no means an alcoholic, but considering today’s lifestyle filled with junk food and sedentary work schedules, it’s no wonder various diseases find their way into our bodies. If, on top of that, I consume alcohol—even occasionally—things can quickly go downhill. “...

Stocks in the food and beverage industry experienced their most challenging week since May 2022, further extending the declines seen in the preceding weeks. The First Trust Nasdaq Food & Beverage ETF (NYSE:FTXG) plummeted by over 5% this week, marking its third consecutive week of losses and...

JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from...

The Consumer Analyst Group of New York (CAGNY) hosted multiple food and beverage sector companies Wednesday at a virtual conference, which continues through Friday.vHere is a summary of key highlights from each company. Kellogg: 'Right On Schedule' Kellogg Company (NYSE: K) was first...

Wells Fargo analysts initiated coverage of a handful of non-alcoholic and alcoholic beverage companies: Coca-Cola Co (NYSE: KO) at Overweight, $62 price target. Keurig Dr Pepper Inc (NASDAQ: KDP) at Equal-Weight, $33 price target. Molson Coors Beverage Co (NYSE: TAP) at Equal-Weight, $51...

Mondelez International Inc (NASDAQ: MDLZ) is well-positioned for healthy earnings in the first quarter, and its 2019 EBIT guidance appears conservative, leaving room for positive earnings revisions, according to UBS. The Analyst Steven Strycula maintained a Buy rating on Mondelez...

The consumer staple sector, nicknamed "soup and cereal stocks" for its exposure to food makers, has proven to be the third-worst performing group throughout 2017. But this doesn't mean that investors should stay clear of the group, according to Chad Morganlander, portfolio manager at...

PepsicCo, Inc. (NYSE: PEP) was trading a bit lower Wednesday after investors had enough time to fully digest the company's earnings report, which included a revenue miss but earnings came in ahead of expectations. Investors have "little reason" to be excited about PepsiCo's third...

It is rare for a former momentum stock to rebound after its initial run and ensuing decline. Of course, one can cite issues such as Netflix (NASDAQ: NFLX), but NFLX and others that do rebound do so only if the fundamentals improve. One such issue that is attempting to rebound for the second...

Every investor is looking for that bullet-proof stock -- the one that holds up  against any and all market and economic conditions while others plunge. As detailed before in a previous article on Benzinga, these equities with low betas have been proven to be high reward investment vehicles over...