$BUD (Anheuser-Busch InBev SA/NV)

$BUD {{ '2016-04-06T14:48:22+0000' | timeago}} • Webcast

$STZ, which competes with $BUD, said its plans to execute an IPO for a portion of the Canadian wine business; and if completed, the proceeds are expected to be used to manage debt and other capital allocation priorities. Meiomi wine brand delivered depletion growth of approx. 60% in FY16, helping in margin expansion for wine and spirits business.

$STZ {{ '2018-01-10T16:44:15+0000' | timeago}} • Webcast

$STZ believes tax reform will be favorable to the company's previous low to mid-20s long-term effective tax rate guidance. Constellation Brands expect the new tax legislation, including the impact of the tax reduction and the transition will result in a reduction in the existing net deferred tax liabilities by $300-400MM.

$STZ {{ '2018-01-10T16:42:25+0000' | timeago}} • Webcast

$STZ said that it will not sell cannabis products in the U.S. or any other market as of now. Constellation Brands will consider selling them when it is legalized by the government. The company predicts that recreational marijuana will become legal in Canada during summer of 2018 and recreational edibles to become legal in the summer of 2019.

$STZ {{ '2018-01-05T21:17:16+0000' | timeago}} • Announcement

Wine and beer maker $STZ's sales fell marginally to $1.799Bil in 3Q18, while profit jumped 21% to $491MM or $2.44 per share compared to a year ago. Beer segment sales cheered Constellation Brands by growing 7.8% in the third quarter. However, wines and spirits division disappointed with a 10.3% drop in the sales.

$STZ {{ '2018-01-05T15:11:35+0000' | timeago}} • Infographic

Corona owner $STZ, which acquired 9.9% of stake in Canadian medical marijuana producer Canopy Growth in Oct. 2017, reported mixed results for 3Q18. Sales dropped, hurt by the wines and spirits division, while earnings increased, helped by the beer segment's performance. Constellation Brands increased its FY18 GAAP and non-GAAP EPS outlook.

$GIS {{ '2017-12-21T19:44:49+0000' | timeago}} • Webcast

On tax front, as $GIS sees with any increase in earnings, the company will evaluate several uses for the utilization. The company will look at brand investment, capital investment, merger & acquisition and clearly cash return to shareholders. $GIS' long-term expectations on how the company is going to drive the business haven't changed.

$GIS {{ '2017-12-21T19:42:21+0000' | timeago}} • Webcast

Looking ahead to 2H18, $GIS expects to continue driving good performance on frozen meals, led by strong demand in K-12 schools for its healthy delicious and easy-to-prepare meal solutions. And the company likes the prospects for its Stuffed Waffle, which meets many C-store's consumers desires for convenience and great taste.

$GIS {{ '2017-12-21T19:29:43+0000' | timeago}} • Webcast

In 2018, $GIS said the yogurt innovation has been tremendously successful thus far, led by Oui by Yoplait, which already makes up almost 10% of its U.S. yogurt portfolio. Oui's glass jar and unique positioning really standout on shelf, which has helped drive strong consumer trial and $GIS is seeing an acceleration in repeat purchases.

$GIS {{ '2017-12-21T19:27:42+0000' | timeago}} • Webcast

$GIS is planning to extend its cereal momentum in 2H18 behind some exciting innovation and platform marketing executions. Chocolate Peanut Butter Cheerios, which launched in October is off to a great start and is turning at the top of the category. $GIS will continue to fuel this new product in 2H18 with strong in 3Q18.

$GIS {{ '2017-12-21T19:25:01+0000' | timeago}} • Webcast

$GIS continues to expect its full-year 2018 adjusted effective tax rate to be in line with last year. At this point, $GIS has not incorporated any estimate of the impact of U.S. tax reform legislation into its guidance. And average diluted shares outstanding declined 3% in 2Q18. The company now expects shares to be down about 2% for the full-year.

$GIS {{ '2017-12-21T15:44:38+0000' | timeago}} • Announcement

The BoD of $GIS declared a quarterly dividend at the prevailing rate of $0.49 per share. The dividend is payable on Feb. 1, 2018, to shareholders of record as of Jan. 10, 2018.

$GIS {{ '2017-12-20T13:20:50+0000' | timeago}} • Announcement

$GIS now expects 2018 organic net sales to be flat to down 1% compared to prior estimate of down 1-2%. Constant-currency adjusted EPS for FY18 is still expected to rise 1-2% from $3.08 earned in FY17. Constant-currency segment operating profit is still predicted to be flat to up 1%. $GIS now sees adjusted operating margin to be below last year.

$GIS {{ '2017-12-20T13:17:26+0000' | timeago}} • Announcement

$GIS' net sales for the Asia & Latin America segment for 2Q18 rose 2% from last year, driven by favorable foreign currency exchange and benefits from net price realization and mix more than offsetting unfavorable contributions from volume. Organic net sales essentially matched year-ago levels.

$GIS {{ '2017-12-20T13:16:36+0000' | timeago}} • Announcement

$GIS' net sales for the Europe & Australia segment for 2Q18 rose 7%, driven by favorable foreign currency exchange and contributions from volume. Organic net sales inched up 1%. Innovation, brand-building, and geographic expansion continued to drive sales and share growth for Haagen-Dazs ice cream and Nature Valley and Fiber One snacks.

$GIS {{ '2017-12-20T13:15:27+0000' | timeago}} • Announcement

$GIS' net sales for the Convenience Stores & Foodservice segment for 2Q18 increased 5% to $512MM, driven by growth for the Focus 6 platforms, including frozen meals, cereal, and snacks, as well as benefits from market index pricing on bakery flour. Organic net sales rose 5%. Segment operating profit was 2% below last year, on higher input costs.

$GIS {{ '2017-12-20T13:14:07+0000' | timeago}} • Announcement

$GIS' net sales for North America Retail segment for 2Q18 totaled $2.77Bil, up 1% from the prior year, primarily driven by a 7% increase for the U.S. Cereal operating unit and a 5% increase for U.S. Snacks. The Canada unit delivered 1% net sales growth in constant currency.

$GIS {{ '2017-12-20T13:12:25+0000' | timeago}} • Announcement

$GIS' operating margin for 2Q18 declined 130 basis points to 17.4% from last year. Adjusted operating margin decreased 220 basis points to 17.4%, primarily reflecting lower adjusted gross margin and a 7% increase in advertising and media expense, partially offset by benefits from cost savings initiatives.

$GIS {{ '2017-12-20T13:10:32+0000' | timeago}} • Announcement

$GIS reported a 11% drop in 2Q18 earnings due to higher input costs including currency-driven inflation on imported products as well as unfavorable trade expense phasing. Net income fell 11% to $431MM and EPS tumbled 8% to $0.74. Sales rose 2.1% to $4.2Bil. Constant-currency adjusted EPS declined 5% to $0.82 on lower adjusted operating profit.

$GIS {{ '2017-12-20T12:30:37+0000' | timeago}} • Infographic

$GIS General Mills Inc. Earnings AlphaGraphic: Q2 2018 Highlights

$KO {{ '2017-12-08T14:15:23+0000' | timeago}} • Announcement

$KO announced the retirement of Irial Finan, who is currently serving as EVP and President of Bottling Investments Group (BIG). Calin Dragan will be succeeding Finan and will begin his new role as President of BIG on Jan. 1, 2018.

$KO {{ '2017-12-08T13:50:13+0000' | timeago}} • Announcement

Following the leadership transition for Coca-Cola North America (CCNA), $KO's BoD announced the appointment of Jim Dinkins as Senior Vice President of CCNA. Dinkins was recently appointed as President of CCNA, who will be succeeding Alexander Douglas effective Jan. 1, 2018.

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