Heineken USA STRs Down 2.7%

February 16, 2011Heineken USA STRs Down 2.7%Dear Client:Not much mention of Heineken USA in yesterday's analyst conference call, though their new Femsa business got plenty of play. Overall, the parent company's revenues also grew 9.7% to over $16 billion, and organic profits were up nearly 9%.None of these gains, however, translated to much recent traction in the U.S. The US got little play in yesterday's analyst meeting on 2010 results, save for an admission of lower volumes here "due to