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Who would have thought that weakening the alcohol content and upping the price of beer would turn drinkers away? Obviously, Heineken N.V.
People in Asia aren't guzzling as much beer as they used to.
Heineken HEIA, -5.93% on Monday cut its full-year outlook after reporting a fall in key earnings for the first half, largely due to lower volumes in the profitable Asia Pacific region.
Steven Romick (Trades, Portfolio) disclosed his portfolio for the second quarter last week.
“These companies are breaking their promises. They are functioning as wartime profiteers,” Yale professor Jeffrey Sonnenfeld said.
More than 1,000 major companies pledged to leave Russia after Vladimir Putin launched his devastating war in Ukraine, but some well-known firms stand accused by researchers of violating their pledge.
Heineken N.V. (Frankfurt Code :HEIA), the Dutch brewer, could see its sales growth slow down by 2.5% between 2024 and 2025, slightly more than the 0.7% drop Jefferies Group (NYSE:JEF) is expecting for the whole industry.
Heineken's litany of strategies aimed at growth and sustainability are well-thought and have been successful thus far. Heineken's premium portfolio allows it to capitalize on the industry trend of premiumization, which should allow it to steal share from more traditional brewers. Improved digitization, the softening of commodity cost headwinds, and Heineken's presence in fast-growing markets should catalyze near-to-medium-term value creation.
Investors with an interest in Beverages - Alcohol stocks have likely encountered both Heineken NV (HEINY) and Pernod Ricard SA (PRNDY). But which of these two stocks presents investors with the better value opportunity right now?
As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev from a backlash against Bud Light, rival Heineken is spending $100 million to promote a new light beer to Americans.