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$STZ 1Q16 Call – David, CFO: On comparable basis, STZ consolidated net sales on a constant currency basis grew 8%. Beer depletions grew 10%. Beer net sales increased 11% on volume growth of 10%. Wine and spirits net sales on a constant currency basis increased 4%. Consolidated gross profit increased $68MM, up 10% with GM increasing 130 bps.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.