Is Altria Group (MO) the Best Brewery Stock to Buy According to Hedge Funds? [Yahoo! Finance]
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
are going to take a look at where Altria Group, Inc. (NYSE:MO) stands against other best brewery stocks to buy according to hedge funds. The global alcohol industry is currently grappling with strict regulations, high taxes, inflation, and rising costs, which are likely to persist and may squeeze the profit margins of alcohol producers. The global brewing industry had been hit particularly hard as beer production worldwide fell to 1.88 billion hectoliters last year, representing a YoY decline of 0.9 %. Peter Hintermeier, Managing Director of BarthHaas, commented: “After we had managed to post modest growth in 2022 despite unfavorable conditions, we were expecting another small increase in 2023. However, energy, raw materials, packaging, logistics, and labor costs remained at a high level, which put pressure on the brewing business in many countries.” READ ALSO: 10 Best Marijuana Stocks to Buy According to Hedge Funds The American brewing industry is also faced with a declini
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News
- Altria (MO) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- The Rise Of Eco-Conscious And Health-Focused Wine Choices Among Younger Consumers [Forbes]Forbes
- After Plunging -8.92% in 4 Weeks, Here's Why the Trend Might Reverse for Altria (MO) [Yahoo! Finance]Yahoo! Finance
- Altria Group (NYSE:MO) Knows How To Allocate Capital Effectively [Yahoo! Finance]Yahoo! Finance
- Altria (MO) Stock Moves -0.42%: What You Should Know [Yahoo! Finance]Yahoo! Finance
MO
Earnings
- 10/31/24 - Beat
MO
Sec Filings
- 1/3/25 - Form 4
- 12/12/24 - Form 4
- 10/31/24 - Form 10-Q
- MO's page on the SEC website