Shares of beermaker Heineken (HEINY 5.23%) had rallied 5.1% on Wednesday as of 3:20 p.m. ET, which was all the more notable since the S&P 500 index was down 3.1% at the same time.
The Dutch brewer backed its full-year guidance after quarterly performance beat market expectations, but warned that the consumer and geopolitical backdrop remains volatile.
Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?
Here is how Heineken NV (HEINY) and Nu Skin Enterprises (NUS) have performed compared to their sector so far this year.
Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Heineken NV (HEINY) and Brown-Forman B (BF.B). But which of these two stocks is more attractive to value investors?
Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Heineken NV (HEINY) or Brown-Forman B (BF.B). But which of these two stocks offers value investors a better bang for their buck right now?
Heineken NV shares surged after the brewer announced a buyback and reported strong beer sales including in Brazil and Mexico, helping the company gain ground on rivals in more than half of its key markets. Shares of Heineken, dragged down by more than a quarter over the past year through Tuesday's close, rose as much as 13% in early trading in Amsterdam — the most on an intraday basis since 2008.
Having lagged badly, Heineken stock received a much-welcomed boost following the release of fourth quarter and full-year 2024 results. With the market concerned about the outlook for alcohol stocks, better-than-expect volumes, and earnings indicate that things aren't too bad out there. These shares are still cheaper than they were when I last covered them in September, with that equating to a ~20%-25% discount compared to pre-COVID levels.
Shares of Heineken (HEINY 14.93%) are flying higher on Wednesday. The company's stock had gained 13.9% at 11:45 a.m.
Dolf van den Brink, CEO of Heineken, discusses the Dutch drink maker's full-year earnings, and how the company is confident it can manage the potential impact of aluminum tariffs on pricing.
Heineken's shares jumped 12% on Wednesday after the Dutch brewing giant delivered better-than-expected profit growth, announced a €1.5 billion share buyback program, and provided an optimistic outlook for the coming year. The world's second-largest brewer reported an 8.