Stock Blog Hub » Beverages – Wineries & Distillers

(STZ) Constellation Brands First Quarter 2012 Earnings Scorecard

vitalstocks — Wed, 06 Jul 2011 21:20:28 +0000

Constellation Brands Inc. (STZ), the largest wine company in the world, posted its first-quarter 2012 results. Street analysts had nearly a week to ponder the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Quarterly Review On June [...]

(STZ) Constellation Brands First Quarter 2012 Earnings Scorecard

(STZ) U.S. Jobless Claims Remain High

vitalstocks — Thu, 30 Jun 2011 21:16:45 +0000

The positive momentum in the stock market over the last few days reflected growing expectations of a positive outcome for the Greek story. Wednesday’s successful parliamentary vote, to be followed by another vote today, paves the way for the beleaguered nation to get the funding lifeline from the EU/IMF combine. Hardly anyone expects this to [...]

(STZ) U.S. Jobless Claims Remain High

(STZ) Constellation Brands Shines in First Quarter

vitalstocks — Thu, 30 Jun 2011 21:08:38 +0000

Leading wine distributor Constellation Brands Inc. (STZ) delivered an adjusted EPS of 39 cents in its first quarter ended May 31, 2011, outperforming the Zacks Consensus Estimate of 37 cents and improving by a penny from the prior-year quarters’ earnings of 38 cents. Both the reported and prior-year quarter’s EPS excluded special items like inventory step-up [...]

(STZ) Constellation Brands Shines in First Quarter

(STZ) Constellation 2012 First Quarter Earnings Preview

vitalstocks — Wed, 29 Jun 2011 16:56:24 +0000

Constellation Brands Inc. (STZ) is scheduled to release its first-quarter 2012 results on Thursday, June 30, 2011. The Zacks Consensus Estimate is pegged at 38 cents a share for the first quarter of fiscal 2012, flat year over year. Fourth Quarter Performance Constellation Brands delivered an adjusted EPS of 35 cents in its fourth quarter [...]

(STZ) Constellation 2012 First Quarter Earnings Preview

(DEO) Diageo Gets Permit to Enter China

vitalstocks — Wed, 29 Jun 2011 16:35:25 +0000

The world’s largest spirits group, Diageo Plc. (DEO), got approval of the Chinese authorities to increase its stake in the Quanxing Group, a Chinese white spirits group based in Sichuan Province, taking its share to 53 per cent. On being the majority shareholder of Quanxing Group (which is 40% holder of Sichuan Swellfun Co.) Diageo [...]

(DEO) Diageo Gets Permit to Enter China

(DEO) Diageo Plc – ADR- Bear of the Day

vitalstocks — Thu, 22 Apr 2010 21:01:25 +0000

We are downgrading our recommendation on Diageo Plc. (DEO) to Underperform from Neutral as we anticipate it to perform well below the broader market. The global economic downturn has negatively impacted demand for Diageo’s premium offerings, thereby affecting both top- and bottom-line performance. Moreover, the company is facing intense competition from other well-established players, which [...]

(DEO) Diageo Plc – ADR- Bear of the Day

(STZ) Constellation Brands Announces Plans to Buyback Shares

vitalstocks — Tue, 20 Apr 2010 21:17:32 +0000

Constellation Brands Inc. (STZ), the largest wine company in the world, has recently revealed plans to buyback 11 million shares for approximately $300 million. The repurchase deal would be made through Goldman Sachs Group Inc. (GS). Constellation will finance the repurchase deal by utilizing funds from its existing $842 million credit facility. The company anticipates [...]

(STZ) Constellation Brands Announces Plans to Buyback Shares

(STZ) Constellation Brands Tops Consensus Earnings Estimate

vitalstocks — Mon, 12 Apr 2010 17:40:41 +0000

Constellation Brands (STZ), a leading global wine, spirits and other beverage producing company, reported fiscal 2010 fourth quarter earnings excluding non-recurring items of 27 cents per share. The earnings exceeded the Zacks Consensus Estimate by 3 cents. For fiscal 2010, Constellation reported earnings excluding one-time items of $1.69 per share, which also surpassed the Zacks [...]

(STZ) Constellation Brands Tops Consensus Earnings Estimate

(BFB) Brown-Forman – ROE of 25.2% Bests Industry Average

vitalstocks — Thu, 18 Mar 2010 18:02:55 +0000

Brown-Forman (BFB) has current dividend yield of 2.2% and analysts expect the company to deliver long-term EPS growth of 10.1%. This Zacks Rank #2 stock trades at about 17x fiscal 2011 EPS estimates. Company Description Brown-Forman Corp. is one of the leading producers and distributors of premium alcoholic beverages in the world. The company has [...]

(BFB) Brown-Forman – ROE of 25.2% Bests Industry Average

(BFB) Brown-Forman Reports Strong Sales

vitalstocks — Thu, 11 Mar 2010 02:45:13 +0000

Brown-Forman Corp. (BFB), one of the leading producers and distributors of premium alcoholic beverages in the world, posted fiscal 2010 third-quarter earnings of $107.9 million or $0.73 per share, compared to $123.4 million or $0.81 in the year-ago quarter. The quarterly earnings surpassed the Zacks Consensus Estimate by two cents. During the quarter, net sales [...]

(BFB) Brown-Forman Reports Strong Sales

(BFB) Brown-Forman Corporation – Bull of the Day

vitalstocks — Wed, 27 Jan 2010 18:33:02 +0000

Brown-Forman (BFB) is a well-established player in the premium alcoholic beverages industry and possesses a strong portfolio of globally recognized brands. Brown-Forman is currently undertaking initiatives to reduce overheads and boost profitability, which augurs well for future operating performance. Furthermore, Brown-Forman has a consistent track record of returning cash to shareholders in the form regular [...]

(BFB) Brown-Forman Corporation – Bull of the Day

(STZ) Constellation Brands Consolidates Distribution

vitalstocks — Fri, 16 Oct 2009 23:47:13 +0000

Constellation Brands Inc. (STZ), the world’s leading wine company, has signed a multiyear distribution agreement with Young’s Market Co. and its affiliates (Young’s) as the company’s exclusive distributor in Alaska, Washington and Oregon. Young’s, a recognized market leader in the Pacific Northwest, already has a longstanding business relationship with Constellation. With more than 1 million [...]

(STZ) Constellation Brands Consolidates Distribution

(CEDC) – Central European Distribution Corp – Estimates continue to revise their earnings estimates upward

Shawn — Wed, 16 Jul 2008 23:11:13 +0000

Central European Distribution Corporation (CEDC) shares just broke through a key level of resistance and set a new 52-week and all-time high. The company’s stock price has had a great year, advancing from less than $47 a share to this recent high-water mark above $77, an impressive return of more than 60%. Estimates continue to [...]

(CEDC) – Central European Distribution Corp – Estimates continue to revise their earnings estimates upward