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Dear Client: In just his official second day in the role, new Constellation CEO Nicholas Fink hosted a sell-side analyst meeting in NYC yesterday, alongside CFO Garth Hankinson, per reports from Roth’s Bill Kirk and TD Cowen’s Robert Moskow, who were among the first analysts to churn out notes. (They both also have a “buy”; In fact, Cowen just upgraded Monday.) Roth summed the meeting’s contents as “focused on expected management style, the hiring process, capital allocation/M&A philosophy, thoughts on
Happy Dad on Distribs, New Lemonade, C-Stores
Dear Client: Happy Dad Hard Seltzer co-founder and CEO Sam Shahidi visited BBD’s San Antonio studio last week ahead of a distributor blitz in Austin, and we recorded a segment on Beernet Radio. The conversation ranged from the brutal operational realities of switching 11 states from RNDC and Breakthru to beer distributors, to a new 10% ABV lemonade play, to why the company just hired its first chief sales officer after four and a half years of Sam wearing three
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