Beer Business Daily – beer industry news and numbers

Analyst: Is Price War Inevitable?

Dear Client:Molson Coors' stock fell 2% yesterday after Deutsche Bank analyst Marc Greenberg downgraded its stock to "hold" yesterday. Marc is bearish on the prospects of US big brewers continuing to be able to grow profits by cutting costs and raising prices. He also sees a higher probability of the brewers hitting the price button this Summer as volumes remain soft and trends are "worsening." Marc writes that "it's time to stop blaming the economy: craft beer, leading spirits and

You need a subscription to access this article.Login now or subscribe to get daily industry insights!

Channels