Liquor

The European Union (EU) has decided to delay the imposition of retaliatory tariffs on US goods, including a 50% duty on whiskey, until mid-April. This move comes as a response to President Donald Trump‘s steel and aluminium tariffs. What Happened: The EU’s decision to postpone the...

Donald Trump‘s 2024 presidential election win put several sectors in the spotlight, including alcohol stocks. What Happened: Some people watched the outcome of election night on television from their home. Others likely scrolled along with social media on their phone. Some attended watch...

The International Longshoremen's Association (ILA) initiated a strike earlier this week amid ongoing negotiations regarding wage increases and protections against automation and AI. The strike, if prolonged, could lead to supply constraints which may cause prices to rise, economists warn.These are...

Delta 8 THC — popularly known as "intoxicating hemp" — regulation bills were voted on in the New Jersey legislature on July 1. The bills passed in both the Assembly and State Senate, with amendments allowing liquor stores to sell hemp drinks after obtaining proper permission. To this end, the NJ...

Advice for entrepreneurs and investors often times calls for people to follow sectors and areas they have experience in or an interest in. That advice didn't turn out to be true for one entrepreneur who became successful in a field he knew nothing about. What Happened: The alcohol and beer sectors...

On Thursday, Constellation Brands Inc (NYSE: STZ) touted the strong performance of its beer portfolio as the Corona beer maker raised its annual guidance upon delivering a fiscal second quarter sales and profit beat. Like its peer, Brown-Forman Corporation (NYSE: BF-B),...

Alcohol and cannabis retailer Alcanna Inc. (TSX: CLIQ) (PINK: LQSIF) is selling nineteen stores in British Columbia. The Edmonton, Alberta-based company confirmed Monday that Otter Farm and Home Co-operative agreed to buy its convenience-format liquor stores for $80.8 million. The price tag...

Alcohol producer Diageo plc (NYSE: DEO) said in its semiannual earnings report that spirit sales in the U.S. were higher by 15% with notable strength in the tequila category. Strong US Market: Diageo's U.S. sales in the back half of 2020 were supported by more consumers switching...

Your dad's domestic beer is getting a little flat. At least in terms of sales. A flatter and flatter growth curve has traditional domestic beermakers looking for other drinks they can sling — and the purchase of a fast-growing liquor company by the world's largest beer maker may be...

We know that the fate of some industries better aligns with one political party over others. We’d never expect cannabis growers to vote Republican, and, at least last election cycle, private prisons were disincentivized to vote Democrat. But beer, wine and liquor producers seem less resolute...

The world’s largest tequila producer, José Cuervo (NYSE: JOSE), successfully launched its long-awaited IPO Wednesday to join the ranks of public companies capitalizing on vice. On day one, the affectionately termed “sin stock” raised more than $900 million with an IPO...

Rufino Valentine grew up in a Northern Michigan town where you bought milk from the local dairy. He was raised with an appreciation and respect for handmade products. After attending college at Cornell University, he migrated naturally to Wall Street and worked as a trader for about a decade. And...