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The Latest Breaking News from Beer

Boston Beer Q2 Earnings: Revenue Miss, EPS Beat; Truly, Sam Adams Shipments Decline, But Overall Market Share Grows

Boston Beer Company (NYSE:SAM) reported second-quarter financial results Thursday after the bell. Here’s a rundown of the company’s report.

Benzinga

Buffett’s Billion-Dollar Bet: Will Constellation Brands Pay Off?

Constellation Brands' growing beer and wine portfolio and investment by Warren Buffett's Berkshire Hathaway offer potential upside for long-term investors.

MarketBeat

Constellation Brands: A Fallen Star or a Hidden Value Play?

Constellation Brands shares sold off by 27% in reaction to its latest earnings report on weak wine and spirits sales, but its beers are strong but face tariffs

MarketBeat

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Beer could run low as climate crisis decimates Europe’s barley crops, warns the CEO of Japanese brewer Asahi

Barley supplies could shrink by as much as a quarter in major exporters in a worst-case climate change scenario, Asahi CEO Atsushi Katsuki told the FT.

Fortune

West Country beaches deemed 'pollution risk' after recent heavy rain

People are advised to wait up to 72 hours before entering the sea again after heavy rain due to contamination

Bristol Post

Qatar’s World Cup Stadium Beer Ban Is About So Much More

Power. Hypocrisy. Control. You name it. The late World Cup U-turn sends a message on the eve of the competition, and FIFA is content to do the host nation’s bidding.

Sports Illustrated

Constellation Brands Q1 Earnings Top Estimates; Plans To Eliminate Class B Common Stock

Constellation Brands Inc (NYSE:STZ) reported first-quarter FY23 growth sales of 17% year-on-year to $2.4 billion, beating the consensus of $2.16 billion. Net sales for the Beer segment grew 21% Y/Y to $1.89 billion, and Wine and Spirits rose 2% Y/Y to $465 million. Shipment volume for Beer increased 17.3%, while Wine and Spirits…

Benzinga

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