BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Constellation Brands Reports Quarterly Earnings]]>http://www.bloggingstocks.com/2010/04/09/constellation-brands-reports-quarterly-earnings/http://www.bloggingstocks.com/2010/04/09/constellation-brands-reports-quarterly-earnings/http://www.bloggingstocks.com/2010/04/09/constellation-brands-reports-quarterly-earnings/#commentsFiled under:

Constellation Brands (STZ) announced Friday that it lost $51 million in the fourth quarter because of lagging sales on wine, spirits and beer. STZ lost 23 cents per share during the quarter compared to a loss of $1.88 per share last year. Excluding one-time items, STZ earned 27 cents per share, topping the consensus estimate by three cents per share.

Looking ahead, STZ forecasts 2011 earnings of $1.36 to $1.51 per share, with adjusted earnings between $1.53 per share to $1.68 per share. The problem is that the Street expects 2011 earnings of $1.78 per share. It is this news that could leave STZ bulls crying into their drinks today.

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Constellation Brands Reports Quarterly Earnings originally appeared on BloggingStocks on Fri, 09 Apr 2010 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alcoholConstellation Brandsinthenewsliquorquarterly earningsSTZFri, 09 Apr 2010 10:10:00 EST<![CDATA[Chasing Value: Diageo (DEO) -- Drink up?]]>http://www.bloggingstocks.com/2008/10/27/chasing-value-diageo-deo-drink-up/http://www.bloggingstocks.com/2008/10/27/chasing-value-diageo-deo-drink-up/http://www.bloggingstocks.com/2008/10/27/chasing-value-diageo-deo-drink-up/#commentsFiled under: , , , , , , ,

Investors who want to follow "my pal Warren" back into the market are searching for the best angles with the least risk. I have been doing the same and recently posted Fog clearing -- maybe. Clear skies -- no! GE, JNJ, MRK, PG, RTN, WFC, highlighting blue-chip dividend payers.

Last Thursday morning I had a coffee with William O'Sullivan, owner of O'Briens Pub in Santa Monica, Calif., and started quizzing him about how the recession might affect his business. He said it would probably improve. He expected some depressed and unemployed people to find refuge in his bar.

I used the occasion to bring up one of my watch-list stocks, Diageo (NYSE: DEO), the largest distiller of spirits in the world. It is the leader in the world by volume, by net sales, and by operating profit. The company produces eight of the world's top 20 spirits brands. Some of these include include Guinness, Harp, Johnnie Walker, Tanqueray, and Smirnoff. O'Sullivan believes that Diageo has a drink for everyone at price points that his customers will not balk at.

The first time I wrote about DEO was 20 months ago (see Cramer says buy Diageo, I say WAIT) when it was around $85 per share. Since that time it has reached a 52-week high of $93.12. However, I could never bring myself to invest at those levels. Well, Friday it closed at $56.86, up $0.55, on a day the DJIA closed down 312.30 to 8378.95, when almost nothing was in postive territory.

Continue reading Chasing Value: Diageo (DEO) -- Drink up?

Chasing Value: Diageo (DEO) -- Drink up? originally appeared on BloggingStocks on Mon, 27 Oct 2008 13:51:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chasing ValueDEODiageoDJIAfeaturedliquorOBriens PubObriensPubSheldon LiberSheldonLiberstock marketStockMarketStocks picksMon, 27 Oct 2008 13:51:00 EST<![CDATA[Booze a defensive play in a bear market]]>http://www.bloggingstocks.com/2008/07/03/booze-a-defensive-play-in-a-bear-market/http://www.bloggingstocks.com/2008/07/03/booze-a-defensive-play-in-a-bear-market/http://www.bloggingstocks.com/2008/07/03/booze-a-defensive-play-in-a-bear-market/#commentsFiled under: ,

Bad news in the market means good news for Constellation Brands Inc. (NYSE: STZ) which manufactures and markets spirits, wines and beers under a variety of labels. Brands include Robert Mondavi wines, Corona beer and Black Velvet whiskey. When the economy is good, folks drink to celebrate. When the economy starts to tank, people drink to commiserate. Constellation benefits either way. The company just released 1Q 2009 results. Profits jumped 50%! Diluted (no pun intended) EPS was $0.20, up from $0.13 in 1Q 2008. Consoldiated net sales increased 3%, with wine sales up 15% and spirit sales, led by vodka, up 9%. Constellation offloaded several lower profit margin lines including Almaden and Inglenook wines, and added higher product margin line wines Clos du Bois and Wild Horse.

Investors, whether drinkers or tea-totalers, like the numbers. The stock is up over 5% in the last two days, closing on July 2nd at $21.22

Booze a defensive play in a bear market originally appeared on BloggingStocks on Thu, 03 Jul 2008 12:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alcoholbeerBlack velvet whiskeyBlackVelvetWhiskeyboozeConstellation Brands IncoropratedConstellationBrandsIncoropratedCorona beerCoronaBeerinthenewsliquorRobert Mondavi wineRobertMondaviWinespiritsSTZvodkaThu, 03 Jul 2008 12:21:00 EST<![CDATA[Sam Malone's secrets: Tips your bartender won't tell you]]>http://www.bloggingstocks.com/2007/07/13/sam-malones-secrets-tips-your-bartender-wont-tell-you/http://www.bloggingstocks.com/2007/07/13/sam-malones-secrets-tips-your-bartender-wont-tell-you/http://www.bloggingstocks.com/2007/07/13/sam-malones-secrets-tips-your-bartender-wont-tell-you/#commentsFiled under: , ,

Is there a smart way to drink? Clearly, the first answer is "in moderation" and "with someone else behind the wheel." But when it comes to the etiquette and the economy of drinking, is there a way to come out on top?

While I'm not exactly I barfly, I do know my way around a pint of Guinness or a gin and tonic. I've dated bartenders (a tricky proposition for someone in the 8-to-5 workplace) and now have one in my family (my sister-in-law has poured drinks for almost four years). There are things I learned being around this environment ... 50% of the time, for example, someone will order a Bud Light - good news for Anheuser-Busch (NYSE: BUD), but maybe that's because I live in St. Louis. The most annoying customers (aside from bachelorette parties) are those who approach the bar without a clear idea of what they are ordering. And be ready to show you're willing to tip from the very first drink, or you could be subject to shoddy service.

There are apparently some secrets that my former friend and my sister-in-law have kept to themselves, however, but SmartMoney brought them to the surface this week - things your bartender doesn't want you to know...

Continue reading Sam Malone's secrets: Tips your bartender won't tell you

Sam Malone's secrets: Tips your bartender won't tell you originally appeared on BloggingStocks on Fri, 13 Jul 2007 14:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>alcoholbartendersbeerBUDdrinkingliquorFri, 13 Jul 2007 14:30:00 EST