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Beer tracking shows gains at Constellation, improvement at Molson

Jul. 23, 2019 1:19 PM ETHeineken N.V. (HINKF) StockSTZ, TAP, BUD, HEINYBy: Clark Schultz, SA News Editor14 Comments
  • Molson Coors (NYSE:TAP) is up 3.71% after Nielsen data indicates an improved trend in the U.S. (-0.7% over four weeks vs. -2.6% over 12 weeks) for the MillerCoors business.
  • Wells Fargo notes that Constellation Brands (STZ +0.5%) showed the most strength during the tracking period, with sales up 9.2% over the four weeks in comparison to the flat sales at Anheuser-Busch InBev (BUD +0.6%) and Heinken (OTCQX:HEINY) over the same period. A-B's performance would have been worse if not for a 17% increase in Michelob volume.

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