beverages

Shares of The Coca-Cola Co (NYSE: KO) inched higher by 0.09 percent early Tuesday morning after the company reported its first-quarter results. Q1 Print And Executive Commentary Coca-Cola said it earned $0.43 per share in the quarter on revenue of $9.12 billion. Wall Street analysts were expecting...

JPMorgan initiated coverage of U.S. beverages and household & personal care products companies Tuesday. The firm said its top picks are the ones offering growth at reasonable price, namely Estee Lauder Companies Inc (NYSE: EL), Newell Brands Inc (NYSE: NWL), Monster Beverage Corporation (NASDAQ...

The battle between lawmakers and Big Soda is heating up again after voters in five municipalities approved special taxes on sugary drinks last week. San Francisco and Cook County, Indiana, are key areas where voters agreed on a special tax to be levied on soda. Former New York Mayor Michael...

Credit Suisse has initiated seven companies in the beverage and spirit sectors, rating the sector Neutral to Bullish. The brokerage commenced with an Outperform rating on four stocks while it settled with a Neutral rating on the other three. The comments indicate continued weakness in carbonated...

In recognition of National Beer Lover's Day (September 7), Benzinga researched The Drink Exchange technology, which relies on consumer behavior to price alcoholic drinks at a bar or restaurant establishment. Essentially, drink prices fluctuate based on real-time demand. Like the stock market...

The coconut water craze is no secret. The industry as a whole has seen a meteoric rise with nearly $800 million in U.S. sales in 2015. Coconut water is expected to be a $2 billion industry by 2019. While this pales in comparison to the $10 billion and growing energy drink industry that has seen...

Citi has downgraded Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE: KOF) to Sell from Neutral on lower profit in Venezuela and a longer-than-expected CSD (carbonated soft drink) slump in Brazil. This is the third downgrade for Coca-Cola FEMSA this year. In January, Goldman Sachs downgraded the stock...

Shares of PepsiCo, Inc. (NYSE: PEP) hit a new 52-week high of $109.00 on Thursday after the company reported its second quarter results. Pepsi said it earned $1.35 per share in the third quarter on revenue of $15.4 billion. Wall Street analysts were expecting the company to earn $1.30 per share...

Unfortunately for investors, it may be much easier these days to find a good beer than to find a good beer stock. According to Citi analyst Wendy Nicholson, U.S. consumers are drinking more wine and spirits, which has put pressure on the beer business. Craft beer has been a strong growth segment in...

The Wall Street Journal reported San Francisco is set to become the first U.S. city to require cigarette style “warning labels” on ads for sodas and other sugary beverages. The Letter Of The Law Effective July 25, the law will require billboards and other public advertisements to...

Citi reported that non-alcoholic beverage sales growth slumped in the most recent four-week period. Although Citi analyst Wendy Nicholson noted that the timing of the Easter holiday likely weighed on the April beverage numbers, the sales deceleration remains troubling for shareholders of The Coca-...

Morgan Stanley continues to like Constellation Brands, Inc. (NYSE: STZ) as its top pick in beverages, as it believes the market is not appropriately discounting the company's strong long-term growth prospects in the beer market. Analyst Dara Mohsenian expects beer revenue upside versus consensus,...

In an emphatic report Friday, Citron Research boasts on Monster Beverage Corporation (NASDAQ: MNST), "MNST has continued to defy gravity— as if the stock drank four cans of its own product." Among Monster's achievements, Citron highlighted its pricing power: "The bear...

Ivan Feinseth of Tigress Financial Partners downgraded shares of The Coca-Cola Co (NYSE: KO) to Neutral from Buy and maintained a Neutral rating on shares of PepsiCo, Inc. (NYSE: PEP). Feinseth noted there are "few catalysts on the horizon" for Coca-Cola and continuing headwinds due to exchange...