Beverages - Brewers Archives

29 07, 2024

Heineken Drops 10% After Profit Miss: 3 Other Reasons it May Be Time to SELL HEINY
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Heineken Drops 10% After Profit Miss: 3 Other Reasons it May Be Time to SELL HEINY

Feature: Stock Market Investing, Featured: News, Stock Market News

Heineken Drops 10% After Profit Miss: 3 Other Reasons it May Be Time to SELL HEINY

By VectorVest|2024-07-30T15:00:49+00:00July 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Beverages - Brewers, Consumer Cyclical, Consumer Defensive, Featured, Heineken, Heineken NV, HEINY, Sell Recommendation, Stocks in the News|

Heineken (HEINY) has fallen more than 10% so far Monday morning after the company’s latest earnings results left much to be desired, specifically from a profit perspective. While the forecast called for an operating profit growth rate of 13.2%, Heineken reported just 12.5% growth. As a result, the Dutch brewing manufacturer took a net [...]

14 02, 2024

Heineken Sales Take a Hit After Price Increase, Shares Fall 5%: Should Investors be Concerned?
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Heineken Sales Take a Hit After Price Increase, Shares Fall 5%: Should Investors be Concerned?

Feature: Stock Market Investing, Featured: News, Stock Market News

Heineken Sales Take a Hit After Price Increase, Shares Fall 5%: Should Investors be Concerned?

By VectorVest|2024-02-14T18:42:26+00:00February 14th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Beverages - Brewers, Consumer Cyclical, Consumer Defensive, Featured, Heineken, Heineken NV, HEINY, Hold Recommendation, Stocks in the News|

The world’s second-largest brewer is having a hard time getting customers on board with price increases. Heineken (HEINY) reported a drop off in the volume of beer sold for the most recent quarter, sending shares 5% lower this Wednesday morning. After increasing prices on average 10.2% around the world, the Amsterdam-based company only managed [...]